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Old 12-02-2009, 01:25 PM
 
364 posts, read 763,674 times
Reputation: 100

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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, 01:29 PM
 
28,461 posts, read 76,254,813 times
Reputation: 18535
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, 06:19 AM
 
Location: Cary, NC
37,010 posts, read 64,347,440 times
Reputation: 37048
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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