money will go to the person buying the home
A Sheriff's sale usually is to sell off property that has been seized by a large judgement against someone or a repossession that has taken place.
State laws vary but the foreclosure sale is usually conducted by a licensed auctioneer chosen by the lender.
The county recorder (clerk recorder) for your county will have the transfer deeds that were recorded for any foreclosure or sale. Depending on the workload for your county, it may take several weeks for this information to be available.
Short Answer: Yes. You signed paperwork on the construction loan that would be very similar to the final loan. They will foreclose and sell the house at a sheriff's sale.
money will go to the person buying the home
A Sheriff's sale usually is to sell off property that has been seized by a large judgement against someone or a repossession that has taken place.
You move out.
If you are the owner of the home, you would have been notified if the home is going to be sold. If you are a renter, your landlord would have this information and should have notified you.
6 months from the sheriff's sale date.
How do i pay What are the requirements What do i do at a sheriff sale . What can i expect.
A sheriff's sale is a sale which is held when property is seized as the result of a judgment against someone. The property is held by the sheriff and can be sold after notice is given to the public.
You can contact the Hancock County Sheriff's Office to get specific information about bidding on Sheriff sales. The Hancock County Sheriff has an online list of properties scheduled for sale. Using the free website below "Free Public Records Directory - Hancock County, Indiana" you can access the link "Sheriff Sales" for contact information and "Sheriff Sale Properties" for a list of properties scheduled for sale.
You will be able to stay on the property a minimum of 30 days. Usually you are allowed longer depending on who bought the property>
at the auction sale of my home the sale was stopped. i did not file bankruptcy. i have two mortgages own by investors need to make a decision to or to move?
The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.The foreclosure process culminates with the foreclosure sale. In some jurisdictions the sale is conducted by a sheriff. One can say the foreclosure has been done when the sheriff's sale has been conducted. There is no time frame between the foreclosure and the sheriff's sale.If you want to know the time frame between the initial notice to foreclose and the foreclosure sale, you need to check in your particular jurisdiction. Times vary.
You can live in the house 6 months after the Sheriff sale. This is called the redemption period.