Sheriff's Sales in Pennsylvania
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During a sheriff's sale, properties that are candidates for foreclosure can be auctioned off in a public bid. If one of your properties or your home is being foreclosed and sold during a Sheriff's Sale, you do have the right to challenge this.
Keep in mind, the deed cannot be transferred to the buyer for 20 days after the sale. Therefore, the deed can be transferred on the 21st day after the sale. Challenging the auction can be difficult, as you will have to persuade the judge to rule in your favor, so your case must be advocated fiercely by a skilled professional.
That is why it is vital that you contact the Law Office of Michael P. Forbes, PC for legal representation with your foreclosure and sheriff's sale. Let us guide you toward a better financial future!
Why Properties Are Sold in Sheriff's Sales
When owners owe back taxes on the properties, Sheriff's Sales are enacted in order to pay back these debts. The owner can be left liable for other debts that are owed to the mortgage lender, as well as to the sheriff for the costs of the auction.
Costs incurred during a sheriff's sale may encompass the following:
- Seizing the property
- Storing the property
- Costs related to the sale of the property
The sum of these debts can be tremendous, so halting the sale should be your main goal to help avoid these fees. First, you should file a motion to set aside the sale. You must provide reasons why the courts should consider the motion, and then provide strong evidence arguing for it.
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