Explaining Foreclosure Auctions
By Foreclosure Sales | Jun 15, 2008
Wondering how Foreclosure auctions work? Here is the information you’ll need:
When the entity (in the US, typically a county sheriff) auctions a foreclosed property the noteholder may set the starting price as the remaining balance on the mortgage loan. However, there are a number of issues that affect how pricing for properties is considered, including [...]
