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How long can you stay in your home after final foreclosure and sheriff sale notice for Vigo County Indiana?
Wiki User
∙ 11y ago
once its sold you are trespassing.. 3 days if your lucky
Wiki User
∙ 11y ago
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What is the time frame between foreclosure and sheriff sale?
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.
How do you know that foreclosure is done?
Usually you will either receive a notice vacate the premises, or the Sheriff will show up at your door to evict you. Sometimes, both.
How are you notified of foreclosure?
This depends on the state and the type of foreclosure used. In general, there are two different types of foreclosure. In judicial foreclosure, banks are required to bring a lawsuit against the homeowners in the local district court. Homeowners are notified of the foreclosure when they are served with the paperwork including the lawsuit complaint the lender has filed. Notification is often done by a sheriff's deputy hand delivering the paperwork or by the bank sending the paperwork via certified mail. In nonjudicial foreclosure, the bank is able to sell the home at auction without suing the borrowers. Notification is often done by having a sheriff post a Notice of Sale or Notice of Intent to Foreclosure and Sale or similar notice on the property itself. Notices must also be posted in local newspapers, in public gathering places, or at the county courthouse. The specifics vary by state, but these are the two most common methods of foreclosing on a home and how the debtors are notified of the pending loss of their property.
How can you see if your home is in foreclosure?
A notice of default will be filed with the county. Prior to that you would have to call the lender and check. It may take some time for the notice to get filed.
What is NOD in a foreclosure notice?
NOD stands for "Notice of Default".
When does a bank issue a foreclosure notice?
Usually after 3 months of not making payments on your mortgage or rent, you will get a foreclosure notice. If you are renting its usually sooner.
Will you get an eviction notice once your time is up on a foreclosure?
In almost all cases, you should receive a notice from the county sheriff's department at least a few days before the scheduled eviction. However, it is never a good idea to trust government bureaucrats to be efficient, as that is one thing they almost never are. There are numerous other ways to find out how much time you have, other than trusting in someone from the sheriff to come and post a notice on the door. First of all, you should know when the county foreclosure auction took place. That will give you a good idea of when your ownership interest in the property was transferred to the high bidder at the auction. Then, you should look up the state foreclosure laws to determine how much time homeowners have to stay in the home after the sheriff sale. Some states allow for a redemption period where the foreclosure victims are given more time even after the sale in order to pay back the amount they owed on the house. Redemption periods differ widely by state, with some having just a few weeks to others having up to a year after the foreclosure auction. Of course, other states do not have a redemption period at all. This is why it is essential to look up the state laws, so you do not move out the property too soon or too late. But the court, after the sheriff sale is over, should send you a notice to appear for the eviction hearing. At this hearing, the bank will be given possession of the house and an order will be given to the county sheriff to evict the former homeowners. However, the most important reason to go to this hearing is simply to get more time to save the home or move out of the property. The judge can grant you a few extra days or weeks to obtain a new apartment and begin moving out. This can't be done, though, if no one shows up for the hearing in the first place. The lender will just be given possession and the order will go out to the sheriff to evict as soon as possible.
What happens to homes in foreclosure?
The homes in foreclosure are sold at auction after notice and publication of the date, time and place.
Why would someone get a foreclosure notice?
Foreclosure notices are served on those who have not been able to keep up with their mortgage payments on their home. They are akin to an eviction notice, as the bank is claiming their property.
What are the step taken in a foreclosure process?
There are multiple steps that a lender must complete in order to initiate foreclosure. These steps include providing the homeowner a notice of default, a notice of acceleration, a notice of sale and finally inclusion in a public auction.
What happens when you receive a Writ of Assistance order on a forclosed home does a sherriff just show up and put you on the steet or will you get an eviction notice too I live in Indiana.?
A Writ of Assistance is either the bank or new owner of the foreclosed home asking the Sheriff to help them get you out of the house. It comes after you've went through the whole foreclosure process and Sheriff sale. It's when their attorney is saying you've had plenty of time to leave and have been served instructions to leave but you still refuse to leave. Now, the Sheriff will come put you out. Writ of Assistance is done AFTER you've failed to obey an eviction notice or some other court order that told you to leave. It's time for you to go!
When do foreclosure sales at the county court house occur in Texas?
Texas foreclosure sales are held the first Tuesday of each month between 10:00 a.m. and 4:00 p.m. at the county courthouse. The sale must begin at the time stated in the notice of sale, but no later than three hours after the time scheduled on the notice of sale.The property will be:sold to high bidder, orrevert to the foreclosing lender and become REO (Real Estate Owned)
