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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]
At a recent Passaic County sheriff's sale, the home at 56 Highland Road in Bloomingdale went to Servant's Heart Ministry, a not-for-profit organization that works on renovation projects and hosts ...
In October 2020, Bid4Assets pioneered Pennsylvania's first internet-based sheriff sale for Montgomery County, Pennsylvania. Montgomery County's sheriff was quoted as stating “COVID-19 was clearly the precipitating factor and an online auction is a safer way to go in the current health crisis." [16] Bid4Assets also pioneered virtual sheriff ...
The lender/private investor (the trustees) use a title company to issue the TSG, which give notice of the pending foreclosure. A Notice of Trustee's Sale notify homeowners and mortgage borrowers that their property will be sold at a trustee's sale on a specific date and at a specific location. The actual sale typically completes a non-judicial ...
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.
This is accomplished through the filing of a lis pendens as part of the lawsuit and recordation of it in order to provide public notice of the pendency of the foreclosure action. In all U.S. jurisdictions, a lender who conducts a foreclosure sale of real property that has a federal tax lien must give 25 days notice of the sale to the Internal ...
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