In reference to Court Order 2009-0463 all Foreclosure Postings and Sales will take place on the North Side of the George Allen Courts Building Facing Commerce Street below the overhang, or as designated by the County Commissioners. If the property does not sell at auction, the mortgagee keeps it, and later resells it in a normal real estate sale. The land title search will disclose any foreclosure actions being sought in court. Most lenders would rather make some sort of deal and keep the mortgage in good standing, instead of starting expensive foreclosure proceedings in court.
If an Order for Conduct of Sale is issued by a court, you will have to move out by the Possession Date stated in the order. The goal of combing through foreclosure listings is not to find a house; it’s to find an agent. A conventional mortgage will be limited by the appraised value …
