Helpful tips

When do you get your sale date after a foreclosure hearing?

When do you get your sale date after a foreclosure hearing?

If a mortgage holder is able to prove all four components, the Debtor will receive a “sale date”, which represents the date at which the Debtor’s home will be sold. The sale date usually follows approximately 20 days after the foreclosure hearing.

When does a court set aside a foreclosure sale?

For instance, courts are more likely to set aside a sale if there is an inadequate sales price combined with: some irregularity (such as if the sale was advertised to take place at 3:00 p.m., but was actually held at 11:00 a.m.), or

Where are foreclosure hearings held in North Carolina?

In the State of North Carolina, foreclosure hearings are held by the Clerk of Court or Assistant Clerk of Court, as judges rarely hear foreclosures.

What happens if a foreclosure sale is not voided?

If the foreclosure case stays open through completion of the sale process, then you can raise an objection to the legitimacy of the sale in that case. If the state judicial process terminates once the foreclosure judgment is entered, and not appealed, then you must either file a motion to reopen the case or file a separate action to void the sale.

If a mortgage holder is able to prove all four components, the Debtor will receive a “sale date”, which represents the date at which the Debtor’s home will be sold. The sale date usually follows approximately 20 days after the foreclosure hearing.

For instance, courts are more likely to set aside a sale if there is an inadequate sales price combined with: some irregularity (such as if the sale was advertised to take place at 3:00 p.m., but was actually held at 11:00 a.m.), or

In the State of North Carolina, foreclosure hearings are held by the Clerk of Court or Assistant Clerk of Court, as judges rarely hear foreclosures.

If the foreclosure case stays open through completion of the sale process, then you can raise an objection to the legitimacy of the sale in that case. If the state judicial process terminates once the foreclosure judgment is entered, and not appealed, then you must either file a motion to reopen the case or file a separate action to void the sale.