pre foreclosure

How Does A Sheriff Sale Work In Indiana?

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How Does A Sheriff Sale Work In Indiana? The real property named in the judgment and decree of foreclosure is sold at a public auction conducted by the sheriff of the county where the property is located. The highest bidder wins the auction, and the proceeds are applied to the judgment amount less various costs

Do You Pay The Remaining Balance On A Foreclosed Home?

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Do You Pay The Remaining Balance On A Foreclosed Home? Do you pay the remaining balance on a foreclosed home? The bank can still collect the remaining loan balance unpaid by the house sale. The remaining balance on a mortgage after the collateral sale (the home) is called a deficiency balance. The amount frequently exceeds