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Old 12-02-2009, 12:25 PM
 
364 posts, read 826,263 times
Reputation: 101

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I noticed a Private Property sign hanging on the front door after two attempts to sell the property in Sheriff Sale.

What does that sign mean?

Does it mean the property went back to bank as REO or does it mean someone bought it in the Sheriff Sale?

Any idea?

Thanks
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Old 12-02-2009, 12:29 PM
 
28,455 posts, read 85,332,804 times
Reputation: 18728
Sign by itself means nothing. Could be a freaky real estate agent hired by the lender is worried that squatters have keys to the place or any thing...

Courts generally record the results of foreclosures pretty quickly, some are even set up for online queries, that would be a good place to start looking.
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Old 12-03-2009, 05:19 AM
 
Location: Cary, NC
43,266 posts, read 77,043,330 times
Reputation: 45612
It may just be meant to discourage curious folks from going onto the property.
Many people think a foreclosed home is an open house....
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