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In the United States, public auctions to satisfy judgments are usually conducted under the authority of the sheriff of the county or city in which the property to be auctioned was seized pursuant to the judgment, and an auction held for such a purpose is also called a sheriff's sale or sheriff sale. [5] [6] [7]
If the debt is not paid within the said period, a foreclosure sale satisfies the judgment. [47] In an extrajudicial foreclosure, the mortgagee need not initiate an action in court but may simply file an application before the Clerk of Court to secure attendance of the Sheriff who conducts the public sale. [48] This is done pursuant to a power ...
These laws can govern your mortgage relief options if you are already in foreclosure, how to post a Notice of Sale, the sale timeline and other parts of the process. Step 1: Missed mortgage payments
When Thomas A. Coppolecchia died in 2021, his home at 57 Hinkle Drive in Bordentown, Burlington County, went into foreclosure, culminating with a sheriff's sale in June, according to court records ...
Ocean County has 51 properties listed for sheriff's sales, although 18 have been adjourned to a later date or postponed. It isn't clear if other counties have followed Ocean County's lead and ...
A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees. [ citation needed ] The fact that it comes without any warranties from the government means that the new owner may not have a good title.
Other Oklahoma sheriffs also plan put foreclosure sales online, Bid4Assets said. Oklahoma County sheriff's sales are held every other Tuesday at 10 a.m. online only.
Formal foreclosure processes vary by state and may be judicial or non-judicial, which affects the length of time the property is in the pre-foreclosure phase. Once the formal foreclosure processes are underway, these properties can be purchased at a public sale, usually called a foreclosure auction or sheriff's sale.