Kokomo Foreclosures Sheriff Sale April 2009
By
Howard County Sheriff’s Sale
The next Howard County Sheriff’s Sale of properties in foreclosure is scheduled for April 22. When posted on March 23, there were 66 properties slated for the sale. Thirteen properties have already been removed from the sale. Several more will probably be removed, check back often. And if you plan to go to the auction, be sure to check the list that day.
If you’ve been following the Sheriff Sales, you know that many properties are removed from the sale. When the January sale list was published, there were 65 properties listed. By sale date, there were only twenty-three properties on the sale.
There are several possible reasons why a property may be removed from the list:
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Some homes are listed for sale and the seller gets an offer. The house either sells before the auction or the owner gets the lender to postpone the auction to allow the house to close.
- The owner may have brought the loan up-to-date or worked out a solution with the lender .
- The owner may have filed bankruptcy, which stops the foreclosure process.
- The lender didn’t follow correct foreclosure procedures and the owner has the process stopped.
Be sure to read the Sheriff Sale Information page before you decide to bid on a house. There are no guarantees! There are no inspections! When you buy a house at a Sheriff’s Sale, you get what you get! Warts and all!
For more information about the foreclosure process and how you can get the “upper-hand” in buying a foreclosure property, you might want to read my posting from October 2007:
Get the “Upper-Hand” in Buying a Foreclosure Home In Kokomo
To get the “upper-hand” when buying a home in Kokomo and the surrounding areas? Just give me a call at 765-513-0354 or send me an email.
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