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  2. Why the Oklahoma County sheriff's auctions on foreclosures ...

    www.aol.com/why-oklahoma-county-sheriffs...

    The first-ever sheriff's online auction of foreclosed properties launches Tuesday, with two homes offered in Oklahoma City. The auction will be from 10 a.m to noon, according to Bid4Assets, an ...

  3. Penny auction (foreclosure) - Wikipedia

    en.wikipedia.org/wiki/Penny_auction_(foreclosure)

    Auctions. A penny auction is a collective action taken during the auction of a foreclosed property to force the sale of the property at a low price, with the intent of then returning the property to its previous owner. The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents ...

  4. Ingham, Eaton counties say they're prepared to pay ... - AOL

    www.aol.com/ingham-eaton-counties-theyre...

    Prior to conducting its tax foreclosure auctions, the State of Michigan handled those sales for the county, he said. The state still conducts tax foreclosure sales for properties in Clinton County.

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Private electronic market. Software. v. t. e. Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1] [2]

  6. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...

  7. Court auction - Wikipedia

    en.wikipedia.org/wiki/Court_auction

    Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records ...

  8. Florida lawyer writes rules to win condo auctions for $100 ...

    www.aol.com/florida-lawyer-writes-rules-win...

    Attorney Brad Schandler, at right, prepares to preside over a foreclosure auction at Oakland Grove Village Condominium in Oakland Park, Florida on Tuesday, February 27, 2024.

  9. HUD auction - Wikipedia

    en.wikipedia.org/wiki/HUD_auction

    A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans. When a lender forecloses on a government insured loan, HUD ...

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