Property Title Search Before Foreclosure Sale
Home foreclosure is often linked with liens held by banks or governmental agencies. Multiple liens from various sources may be held against a property in foreclosure. If a home is sold at a foreclosure auction, the proceeds are divided paid to lienholders in order of filing until all proceeds are expended.
Public auctions (also known as sheriff’s sales or foreclosure auctions) are typically held in the municipal or county courts, which neither guarantee an unencumbered title nor offer protection to buyers against additional liens on the property.
Read more about this topic: Title Search
Famous quotes containing the words property, title, search and/or sale:
“The English language is nobody’s special property. It is the property of the imagination: it is the property of the language itself.”
—Derek Walcott (b. 1930)
“There is no luck in literary reputation. They who make up the final verdict upon every book are not the partial and noisy readers of the hour when it appears; but a court as of angels, a public not to be bribed, not to be entreated, and not to be overawed, decides upon every man’s title to fame. Only those books come down which deserve to last.”
—Ralph Waldo Emerson (1803–1882)
“Let the maiden, with erect soul, walk serenely on her way, accept the hint of each new experience, search in turn all the objects that solicit her eye, that she may learn the power and charm of her new-born being, which is the kindling of a new dawn in the recesses of space.”
—Ralph Waldo Emerson (1803–1882)
“I keep thinking that what I need
to do is buy my leg back.
Surely it is for sale somewhere,
poor broken tool, poor ornament.
It might be in a store somewhere beside a lady’s scarf.”
—Anne Sexton (1928–1974)