Foreclosure Property Search allows you to search foreclosed properties in Jefferson County and view the files and documents associated with each foreclosure action. As for whether buying a foreclosed home is or isn’t socialism, that’s a trickier question, in part because there’s no single definition of what socialism” is. You could argue that by doing business with a bank, you’re playing a part in their capitalist game.
Foreclosure by judicial sale, more commonly known as judicial foreclosure, which is available in every state (and required in many), involves the sale of the mortgaged property under the supervision of a court, with the proceeds going first to satisfy the mortgage; then other lien holders; and, finally, the mortgagor/borrower if any proceeds are left.
In front of a county courthouse in Corona, about 80 bidders with lawn chairs sit in the shade as trustee sales for foreclosed properties are under way. Start searching more than 2 million distressed real estate listings and find a foreclosure property for sale below market value.
Paula Boggs Muething, the Cincinnati city solicitor, whose office is overseeing the Harbour lawsuit, said other Ohio city attorneys had also expressed concern. She says buyers can find foreclosed properties in Calgary for good prices, but it’s important to consider the old adage: Buyer beware.
If done responsibly, purchasing a foreclosed home can allow a buyer to reap a myriad of benefits for many years to come. This process involves the sale of the property by the mortgage holder without court supervision (as elaborated upon below). Click on the Resale List tab to research properties available for sale or download the resale file.