Sheriff sales: Reading of the rules

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The sheriff sale is officially under way, and it started with a reading of the rules, which mainly say the sheriff isn't responsible for anything dealing with the property.

The rules warned potential buyers to make sure they know what they are getting into. Buyers will have to pay taxes on the properties and be responsible for all other financial matters.

The big important thing was that once a bid is made, the buyer is responsible for paying that money, no matter what they may find out about the property later.

Now we're getting a list of the properties that are no longer for sale. The list is long and is being read rather quickly.

Mainly it means that these people, whose names and addresses are being read were able to make some sort of an agreement with the bank or a buyer or work out their financial problems before the sale started today.

There's also a list of sales being postponed until a later date.

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This page contains a single entry by Jessica Milcetich published on June 16, 2008 2:10 PM.

Sheriff sale live updates was the previous entry in this blog.

Sheriff sales: The first sale is the next entry in this blog.

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