answersLogoWhite

0


Best Answer

That is the date the home will be offered for sale at auction, usually on the steps of the county court house. The auctions are public and bids are accepted by any qualified buyer, including the prior homeowner.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does it mean when a foreclosure sale date has been set?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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.


When is a foreclosure complete?

Whenever the title to the property has been quieted in the name of the purchaser at the foreclosure sale.


What does it mean when in a foreclosure an order recalling sheriff sale is issued?

When an order recalling sheriff sale is issued in a foreclosure, it means that the sale of the property by the sheriff has been halted or canceled. This could occur for various reasons, such as a legal error, settlement negotiations, or a successful challenge to the foreclosure. The order recalls the sale and typically returns ownership of the property back to the borrower.


How long after your court date for foreclosure in Michigan do you have before you have to vacate your home?

6 months from the sheriff's sale date.


Do you continue to pay rent when a foreclosure sale has been postponed?

Yes. The tenant owes the rent to the landlord, right up until the foreclosure sale happens.


Can a co signer of a mortgage be taken off after foreclosure?

Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.


What is the foreclosure sale date?

it means giving date by court to lender property is going to sell or date is given by when property is going to bet


How long after Dismissal without prejudice of chapter 7 before a 30 day post poned sale date before a foreclosure sale take place.?

i had a trustee notice of sale June 23 and my foreclosure sale was post-poned 30days. my chapter 7 bankrutpcy was dismissed jun 23 as incomplete and the foreclosure sale was held jun 26 was that legal.


What is the summary of judgment and foreclosure sale date in Florida?

In Florida, a judgment is a court ruling that confirms a debt owed by a party. A foreclosure sale date is set when a property owner fails to repay a mortgage, and the lender seeks to sell the property to recover the debt. This process allows the lender to auction the property to the highest bidder in order to satisfy the outstanding mortgage debt.


How do you stop the foreclosure sale date?

Call your lender and ask about options to stop foreclosure if they can't help contact HAFA. bankruptcy is automatic stay Short sale from an experienced Realtor visit: http://www.shortsaleask.com for more information.


Can your landlord evict you if his house is under foreclosure?

Yes. Until the actual foreclosure sale happens, he owns it. I'm not sure what you really mean by 'under foreclosure', anyway. That could be any stage of the process, and you can't be sure that the sale will really happen.


What is the difference between a foreclosure and short sale?

A foreclosure is the surrender of the property to the lien holder for nonpayment of the debt. A short sale is the sale of the property before the completion of the foreclosure in an attempt by the home buyer and the lender to avoid foreclosure proceedings.