What are the steps for a Foreclosure action?
A Foreclosure action that results in the actual sale of the property by the Sheriff is a lengthy process. Key steps in the Process are as follows: Complaint Filed: The matter is brought before the court Judgment Entry Filed: Judgment/judgments are granted and the property may be sold to recover judgment amounts. (Typically filed 3-9 months after the complaint) Precipe Filed: This order directs the Sheriff to advertise and sell the property. The terms of the sale (deposit amount and time allotted to pay the balance) are specified in this paperwork. The terms of sale are established at the discretion of the Plaintiffs Attorney. The Sheriff cannot authorize an extension of these terms. The property is auctioned at Sheriff sale. Purchasers must be prepared to deliver the deposit by 4:00 p.m. on the day of the sale or the purchaser may be held in contempt of court. Confirmation Filed: This order names the purchaser, orders the deed, the distribution of proceeds, orders lien cancellations, e
