what happens if no one bids on a sheriff sale - Axtarish в Google
An unsold auction property becomes a Real-Estate Owned Property (REO) . With an REO, the bank or lender involved in the debt will take over ownership of the home. Once the bank or lender owns the property, they can sell it or try to auction it again themselves.
14 авг. 2023 г.
17 нояб. 2023 г. · If no one else bids, then yes it goes back to whoever initiated the foreclosure.
If no one else bids, the property will be sold to the bank for their bid. Whoever has the highest bid, over the bank's bid will be the purchaser. Each property ...
When a home does not sell in a Sheriff's sale, it will become real-estate owned (REO property). The bank or other lender will take possession of the home until ...
25 окт. 2024 г. · My house that I live in was sold at auction today but no one showed up so their were no bids what happens now Do you.
What happens if no one bids on a Sheriff Sale? If a home doesn't sell at a Sheriff's Sale, it become real-estate owned (REO) property. The home ends up in ...
If no one else bids, the property will be sold to the bank for their bid. Whoever has the highest bid, over the bank's bid will be the purchaser. Interested ...
1 мая 2024 г. · If you do not redeem the property within 10 days, the sale proceeds are paid to the mortgage lender and any other lienholders provided for in ...
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