If Your Home Is Scheduled For A Sheriff Sale, You Need Answers.
Let’s start with understanding what is a sheriff sale. Once a lender or lien holder has a judgment in a foreclosure case against the home owner, it can then order your home to be sold at a public sale conducted by the Sheriff in your County and sold to the highest bidder. the proceeds of the sale are used to pay-off the lender and, if the bid price is high enough, all other liens on the property and, in the rare event any money is left over, that surplus cash is paid to the home owner. The sale is conducted by the Sheriff’s office in the County in which the home is located usually on the same day each week. Interested parties appear at the sale and place live bids.
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