Elawyers Elawyers
Washington| Change
Asked in IL May 19, 2022 ,  0 answers
if my house foreclose, and noone buys it in the sherrifs auction, how long can i live there
Data From  LAWGURU_Question

1 Answers

Anonymous
Reply

Posted on / Jan. 27, 2013 17:29:00

The bank will most likely bid in the amount it is owed and if there are no other bidders it will wind up taking title to it. Then the bank will most likely hand it over to a local broker for sale. Otherwise there are too many possibilities including the possibility that as soon as the bank takes title it may want to evict you. Too many "ifs".

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer