I went to jcomm.org to see if our house sold @ auction. Current lender was listed as purchaser with an amt Does this mean it was actually sold?

Asked by Luvtorelax, 40222 Mon Oct 10, 2011

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4
Ed Beck, Agent, Boonton, NJ
Tue Oct 11, 2011
I agree. It was sold alright...to your lender.
1 vote
Debra (Debbi…, Agent, Livingston, NJ
Sun Sep 1, 2013
resurrecting 3, almost 2 year old questions that have already been answered fully??
0 votes
, ,
Sun Sep 1, 2013
YES the house was sold back to the lender
0 votes
Michael Emery, , Minneapolis, MN
Mon Oct 10, 2011
It sounds like your lender purchased the property @ foreclosure to protect their own financial interests. In states with the right of redemption (Kentucky appears to have a redemption period albeit restrictive) often the bank will be the sole bidder @ foreclosure auctions.
0 votes
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