| Sheriff Sale Date: |
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This will be scheduled for approximately six weeks after the attorney receives your file. A Sheriff Sale occurs
after four consecutive weeks of newspaper publication listing and a posting of a notice on the property. You have
up until this date to work out arrangements with us or to pay the total amount owed. |
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Note: Scam artists target people who are facing financial difficulties, including foreclosure. You should be very
suspicious of anyone who contacts you offering to “help”. One common scam is someone who offers to help save your
house if you pay a fee. Another scam is an offer to buy your house and allow you to stay on as “renters”. |
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You are not required to attend a Sheriff Sale. Most properties are purchased by the bank or credit union that holds
the loan for the amount of the outstanding loan balance plus various fees and interest. Sometimes another person or
company will outbid the loan holder. |
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The purchaser receives a Sheriff’s Deed but does not yet own the property. Once the sale occurs, the redemption
period begins. |
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Equal Housing Lender
