How long can you remain in the house after it is sold in a foreclosure auction?

Question

the house was auctioned April 14

Answer 1

Depends on the state, type of loan, if it was a tax sale etc.

In the most common in the west a deed of trust they can evict you at any time. If you had a mortgage it could up to a year and for tax sales seems like at least 6 months to a year.

Email me off forum and I can give you some other ideas if it wasn't a deed of trust

Answer 2

In Nevada , creditors could pursue the two a Non-Judicial or Judicial foreclosure technique. The Non-Judicial technique is the single that is maximum many times used. The Judicial foreclosure technique is used hardly in Nevada, and purely while there is not any “potential of sale” clause recent interior the unique loan information, or if the lender is suing the borrower for a deficiency judgment. The lender could desire to sue the borrower in courtroom and get carry of a decree of foreclosure and order of sale. The courtroom can provide the borrower as much as one 12 months to redeem the valuables. The greater often than no longer used technique in Nevada is the Non-Judicial foreclosure, which demands the unique loan information to incorporate a “potential of sale” clause. This clause authorizes the lender to sell the valuables interior the form of a default by the borrower. If the clause specifies the time, place, and words of the sale, then those techniques could desire to be adhered to. The sale technique in Nevada is all started with a word of default and election to sell being recorded interior the county wherein the valuables is placed. while it is recorded, a reproduction is likewise sent by qualified mail to the borrower. The borrower then has thirty-5 (35) days to treatment the default and produce the loan present day. If the borrower plans to treatment the default, he could desire to report a word of motive to treatment no later than fifteen (15) days earlier the sale. the quantity to deliver the loan present day is due by midday on the day earlier the sale date. the total quantity of the loan could be called due interior the wisdom of default and election to sell. that's barely available if the words of the loan information enable for acceleration of the loan upon default. If the borrower is able to treatment the default interior the thirty-5 day era, then acceleration of the loan by the lender isn't authorized. The date of the sale can't be decrease than 3 months from the date the wisdom is recorded interior the county. the wisdom of default and election to sell will designate the time and place of the sale. The extreme bidder gets a trustee's deed as quickly as the sale is done. The lender will many times bid the quantity due plus expenses. If there are actually not any greater bids on the valuables, the valuables will revert to the lender. The borrower has no redemption era if the foreclosure became Non-Judicial. The lender has the surprising to sue the borrower for a deficiency judgment interior of three months of the date of the sale. good success, ForeclosureFish

Answer 3

I would imagine your pressing your luck if you're still there..Usually they will come around to change locks as well as clean out the house. And if your still there they can press charges against you for trespassing.Or evict you with out warning..

Answer 4

you will be served an eviction notice, this will determine the date you must be out of the house!