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Old 05-21-2018, 12:13 PM
 
199 posts, read 72,317 times
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I found a website that you have to pay money to view most of the info but it said it was sold to a 3rd party and $209K was owed on it. Also it said Plaintiff was Wells Fargo bank.
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Old 05-21-2018, 12:43 PM
 
595 posts, read 378,219 times
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I believe I know what website you are referring to.

The Plaintiff is the "lender," your neighbors are the "defendants." Seems a third party purchased the property at an auction sale/sheriff sale. The $209K can be off +/- $XXXXX.

As you live down the street, you can see if there are contractor's coming in to work on the property, let your friend know and have them proceed from there, possibly before it hits the MLS. Could also be the third party may have purchased to live in or as an investment to rent. Only time will tell.
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Old 05-21-2018, 01:47 PM
 
Location: Northern panhandle WV
2,268 posts, read 1,756,533 times
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my former house was foreclosed on some months ago, we only received one letter saying it was going to be foreclosed. did not hear from them again until last week when they said that one of the two mortgage holders was requiring the house be sold at auction on June 1, 2018.
Two of my sons still live in the house and I have no idea if they have to be out by June 1 or if they have to be served with eviction papers and have some legally specified time to get out.
Anyway the sheriff is conducting the auction.
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Old 05-21-2018, 03:45 PM
 
10,280 posts, read 6,533,002 times
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Quote:
Originally Posted by arwenmark View Post
my former house was foreclosed on some months ago, we only received one letter saying it was going to be foreclosed. did not hear from them again until last week when they said that one of the two mortgage holders was requiring the house be sold at auction on June 1, 2018.
Two of my sons still live in the house and I have no idea if they have to be out by June 1 or if they have to be served with eviction papers and have some legally specified time to get out.
Anyway the sheriff is conducting the auction.
Did you not know you weren't paying?
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Old 05-21-2018, 04:09 PM
 
595 posts, read 378,219 times
Reputation: 1021
Quote:
Originally Posted by LifeIsGood01 View Post
Did you not know you weren't paying?
I'm sure they knew they were not paying the mortgage note. Poster was only stating they are not aware of when an eviction, if necessary, will take place. It's already under auction for sale.

No need to intimate negative assumptions towards someone who is already in a bad situation. Just sayin.'
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Old 05-21-2018, 06:09 PM
 
Location: Northern Virginia
4,699 posts, read 4,853,054 times
Reputation: 11115
Quote:
Originally Posted by arwenmark View Post
my former house was foreclosed on some months ago, we only received one letter saying it was going to be foreclosed. did not hear from them again until last week when they said that one of the two mortgage holders was requiring the house be sold at auction on June 1, 2018.
Two of my sons still live in the house and I have no idea if they have to be out by June 1 or if they have to be served with eviction papers and have some legally specified time to get out.
Anyway the sheriff is conducting the auction.
They should plan to be out by the day it goes up for auction. An eviction on their records will make it difficult for them to find a LL willing to rent to them.
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Old 05-21-2018, 07:25 PM
 
Location: Saint John, IN
10,647 posts, read 3,333,649 times
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Quote:
Originally Posted by HokieFan View Post
They should plan to be out by the day it goes up for auction. An eviction on their records will make it difficult for them to find a LL willing to rent to them.
Yes, once it sells at auction anyone still in the house in now trespassing on the new owners property. If you don't leave willingly then an eviction will force you out; however, you then have that on your credit and most landlords will not rent to you or ask for an insane deposit or many months of upfront rent.
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Old 05-26-2018, 07:38 AM
 
2,679 posts, read 2,785,928 times
Reputation: 3111
Quote:
Originally Posted by arwenmark View Post
my former house was foreclosed on some months ago, we only received one letter saying it was going to be foreclosed. did not hear from them again until last week when they said that one of the two mortgage holders was requiring the house be sold at auction on June 1, 2018.
Two of my sons still live in the house and I have no idea if they have to be out by June 1 or if they have to be served with eviction papers and have some legally specified time to get out.
Anyway the sheriff is conducting the auction.

Who were the lien holders who were foreclosed on? Your sons? Yourself? someone else? Are/were they paying rent? Do they have a lease?
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Old 05-28-2018, 02:27 AM
 
6,128 posts, read 3,334,114 times
Reputation: 13019
Quote:
Originally Posted by Joanna4k View Post
My neighbors down the street advised they were moving and my friend is interested in buying this house. I was going to get more info from the neighbors but havenít been able to catch them. Last night googled the address and on Blockshoppers it said it was sold last month by the county sherrif and the owners (their last name was listed) to a company listed with LLC next to it. Googled that company and couldnít find anything. Then i also came across a page that said it was listed as a foreclosure last month. Are sherrifs involved in forclosures? Also, will this property be harder for my friend to purchase if itís a foreclosure?
One thing to consider is that your neighbors and the LLC listed as the new owner may be one and the same.
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