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Which states limit the foreclosing entity to the proceeds from the auction?

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Q: Which states limit the foreclosing entity to the proceeds from the auction?
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Related questions

Can my check be garnished for foreclosure?

It cannot be garnished "for foreclosure," but if there is a deficiency after the house is auctioned - as is usually the case - the creditor can sue for the balance due and garnish wages just like any creditor in MOST states. Some states limit the foreclosing entity to the proceeds from the auction.


How long after foreclosure to move out Missouri?

Strictly speaking, you can move out of state at any time after notice of a foreclosure or after the foreclosure sale (or entry for breach of condition in those states not requiring an auction or sale). It would be nice if you gave the keys to the law firm or other foreclosing entity, but it's not required.


Who pays homeowner dues on a foreclosure in Missouri?

It will depend both on state law and the entity that is foreclosing. In some states lenders are not required to pay the full amount of back dues or other HOA assessments.


In Alabama is a lender required to give a notice before foreclosing on a home?

Notice is required in all states.


What states require out of state dealer licenses in order to buy a vehicle at auction?

States have nothing to do with an auction choosing to be a dealer only auction or a public auction. Thus there is no state that "requires" a dealer licenses to buy at an auction. This a requirement of the auction if it chooses to be dealer only.


Are property taxes owed to the state from the owner when a property is foreclosed?

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