Buying a foreclosed house can mean you get a great deal, but there are some things to watch out for, too. There have been instances where homeowners have had their homes sold at foreclosure while their modification applications were still pending. This protects the creditor if the attempt to stop foreclosure is simply an attempt to escape the debt. It is not just court-sales, foreclosures and grow-op homes where you will get deals from, motivated sellers are often where the best deals are made, if you can find them.
Adjournments could only be requested in person by the defendant, the defendant’s attorney or individual with Power of Attorney or Notarized Letter of Authorization. After 30 days, the borrower is in default, and the foreclosure processes begin to accelerate.
Provides a vast database of foreclosed homes located throughout the country and much effort is put into researching a home before it is listed. This process involves the sale of the property by the mortgage holder without court supervision (as elaborated upon below).
Generally, strict foreclosures take place only when the debt amount is greater than the value of the property. This sale will be made subject to all outstanding county, city, fire district taxes and all local improvement assessments against the described property not included in the judgment.
The sale date information displayed on this Web page is updated as it is received from the Sheriff’s Office. As the real estate bubble in the United States has begun to burst, the foreclosure rate has soared. Beware of any person or organization that asks you to pay an upfront fee in exchange for a counseling service, foreclosure prevention, or modification of a delinquent loan.