WebAug 26, 2024 · Foreclosure Auction Sale Basics. A foreclosure sale is the sale of a property that was forced by a lien holder other than a tax lien. Unlike a tax foreclosure, this is a judicial foreclosure which requires the court to make a judgment for the plaintiff (i.e., a bank or HOA). I am going to make some generalizations to simplify this process. WebAt the foreclosure sale, their home sells for $350,000. The loan balance they owed the foreclosing lender at that time was $325,000. This means that the sale resulted in surplus funds of $25,000. The property was also subject to a second mortgage for $15,000 and a judgment lien for $5,000 due to unpaid credit card debt.
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WebThe Sheriff Sale process creates opportunities for buyers to bid on repossessed foreclosure homes at auctions and other sales for deep discounts. Foreclosure.com is … checking for library dl : not found
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WebLEGAL NOTICE Sale of Real Estate Portage County Foreclosure Auction. Case# 2024CV00497. Freedom Mortgage Corporation vs William Jameson, et al. The description of the property to be sold is as follows: Property Address: 1165 Navajo Trail, Streetsboro, OH 44241; Legal Description: Full Legal Listed o WebSep 14, 2024 · When a property owner loses his property through foreclosure the courts can take it over and liquidate it in order to recover as much as possible for interested … WebWhat happens at a real estate foreclosure sale? The sheriff of the county where the real estate is located reads the published Notice of Foreclosure Sale; solicits bids; and then issues to the highest bidder a Sheriff’s Certificate of Sale (if foreclosure by advertisement) or a Sheriff’s Report of Sale (if foreclosure by action). checking for more lines scanner java