WebJan 20, 2024 · Notice of Foreclosure, Sale In nonjudicial foreclosure states, there is no trial. Lenders simply issue a “notice of intent to foreclose,” alerting you that the foreclosure process has begun. They will also need to advertise the sale for at least a few weeks before the scheduled sale date. WebThe lender has taken ownership of this property through a foreclosure auction for the amount of $402,000. Because the properties were not sold at auction, the lender is now …
What Is A Foreclosure? How Do They Work? Bankrate
WebApr 10, 2024 · NOTICE OF MORTGAGE FORECLOSURE SALE NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage: DATE OF MORTGAGE: June 5, 2024 ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $55,375.00 MORTGAGOR(S): Todd C Hewlett, a single man MORTGAGEE: Mortgage Electronic … WebOct 31, 2024 · How To Claim Surplus Funds. If there are excess proceeds from a mortgage foreclosure sale, they’ll be held by a trustee or deposited with the court. This gives you an opportunity to make a legal claim for the funds. The trustee or officer should send a notice of the surplus to your last known address. trussville public library hours
What Does A Foreclosure Notice Mean? …
WebJun 23, 2024 · A mortgage in default can have three outcomes—return to good standing, be modified, or the property is repossessed or sold via foreclosure or voluntary surrender. 3 … WebThere are currently 7 foreclosures for sale in Montgomery County at a median listing price of $560K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most … WebOct 1, 2024 · If you are in a state that allows nonjudicial foreclosures and your mortgage contains a power of sale clause or if your mortgage is in the form of a deed of trust, the sale process may happen much faster. A notice of sale may be the last step in a nonjudicial foreclosure process. This document will alert you to an upcoming foreclosure sale. trussville gas \u0026 water contact number