Asked by Britt Grotheet, • Tue Apr 2, 2013
Hi All, Its me again! Can someone please explain to me the process and give general time frames the process AFTER the lender (in this case Central Mortgage Co.) has foreclosed on a home? The auction occured on Aug 21st 2012. Base on the Taxation and Assessments page the deed is still held by the home owners that were foreclosed on. I do know that the Deed has to be ratified by the Judge before the home would appear as being owned by the lender, Right? What happens after ratification by the court?
BTW- We are still awaiting an answer on our short sale offer (our best and final offer was submitted yesterday). We don't think we will get it.
Last night we noticed this foreclosure home that is not on the market yet and we like the location so we are looking into it. It is just a coincidence that it is another distressed property. It would be a heck of a lot easier if we could just find something we liked in our price range that was ready to go! Thanks in advance-Britt
Real Estate in Annapolis
Popular Categories in Annapolis
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!