What happens after foreclosed property is sold?

Answer Once a property has been sold at a foreclosure auction, the homeowner and purchaser of the foreclosure must follow certain criteria and guidelines. While these vary from one state to another in tim... Read More »

Top Q&A For: What happens after foreclosed property is sold

What happens after a sheriff's sale of a foreclosed property?

Once a sheriff's sale is complete, several transactions need to take place. The new owner will need to complete paperwork and take ownership of the property.Confirm BidThe winning bidder needs to s... Read More »

What happens if a foreclosed house is not sold?

A home goes to foreclosure and is auctioned at a sheriff's sale if a homeowner cannot pay the mortgage. When a foreclosed home is not sold, the lender takes possession of the property. The lender w... Read More »

What happens if the property you are leasing is foreclosed?

On One Hand: 2009 Federal LegislationFederal legislation in 2009 changed the laws for those holding leases on property in foreclosure. The lease is now left intact and transferred to the new owner ... Read More »

Can the foreclosed former owner of a condo be charged with trespassing on condo property in Florida after the new certificate of title as been issued to the bank?

Since trespassing is a legal matter, you are best advised to contact your local police authority if you either want a definition of trespassing or want to press charges of trespassing.