foreclosure sales: Going Once, Going Twice, SOLD . . . Sheriff's Sale, Part 2
- 06/26/08 01:42 PM
This is what I came to see, the rough and tumble world of a sheriff's foreclosure auction. Funny, the people sitting in the lobby around me didn't look like the old west, but then again, looks can be deceiving. The clerk (and not the sheriff), in her monotone voice, began reading off case numbers, quite quickly I might add, telling us which ones were cancelled (I don't know why but an educated guess is the homeowner reached some sort of settlement with the bank) or were continued to a future date. After this, the auction began. The clerk mentioned we would (0 comments)
foreclosure sales: Going Once, Going Twice, SOLD TO . . . My First Sheriff's Sale
- 06/24/08 03:36 PM
My curiosity was kindled by an office presentation by a fellow Realtor about his experience purchasing property at the county sheriff's foreclosure sales. So off to my first Sheriff's sale I go. I arrived about 15 minutes early and I was the first one there. The only indication I was in the right spot was a sign stating "Sheriff's Foreclosure Sale" in the lobby in one of the DuPage County buildings. I had heard in the old days the sheriff would actually stand on the steps of the county building to conduct the auction. Today however we get to sit in (3 comments)