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What is meant by the term condition of sale?

CONDITIONS OF SALE, contracts. The terms upon which the vendor of property by auction pro poses to sell it; the instrument containing these terms, when reduced to writing or printing, is also called the conditions of sale.


How do you find out if i was owed any money left over after my house sold at puplic auction?

To find out if you were owed any money after your house sold at a public auction, you should first check the auction results, which are typically published by the auction house or local government. Next, contact the auctioneer or the entity that conducted the sale for a detailed accounting of the sale proceeds. Additionally, review any relevant paperwork, such as your mortgage statement and the terms of the auction, to understand any remaining debts or liens. If you believe you are owed money, you may also want to consult a legal professional for further guidance.


What does it mean when a foreclosure sale date has been set?

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.


What happens if a homeowner does not make payments on their mortgage?

The bank will start foreclosure proceedings. They will file a complaint against you in court and seek judgment. The house can then be sold in a sale or 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.