Pre Foreclosure Myth: The Sheriff Can Show Up With No Notice And Throw My Family Out

By
Real Estate Agent with Keller Williams Realty Louisville East (502) 664-7827

Many families who are behind on payments live in fear that the Sheriff will come with no notice and throw their family out of the house. They are also afraid of every knock on the door.

I help many families avoid foreclosure by negotiating a short sale with their lender. I speak with distressed sellers every day. I am acutely aware of these fears.

Homeowners Are Afraid They'll Come Home To A Locked Up Vacant House

Numerous times sellers have asked me or told me that they are afraid that they will come home from work and all of their possessions will be thrown out on the sidewalk and their see their kids sitting on the steps crying.

To all homeowners in Louisville, Jefferson County, Kentucky, please let me say that this is a myth.

The sheriff and no one else can show up unannounced and throw you out during the foreclosure process.

No One Can Throw You and Your Possessions Out Prior to the Foreclosure Auction

The house has to first be sold at the foreclosure auction. There is a big difference between being  served with foreclosure papers and the house actually getting lost to auction.

You will get several letters and notices from the lender’s attorney and from the court system with the actual court sale date.

The court system is supposed to staple a notice on your door about 3 weeks prior to the auction.

Even after the house is “sold” at auction, it still takes weeks or months for the deed to be transferred to the new owner.

From the day the sheriff deputy serves you with foreclosure papers it could take 4 months to a year or more until the foreclosure auction occurs.

Although it is extremely stressful, the homeowner must open all mail. Any notices should be forwarded to the short sale Realtor or to a legal adviser.

Consult With A Lawyer To Find Out Your Exact Rights

To find out your best options to avoid foreclosure, call a Realtor who specializes in short sales. Also, a real estate attorney, especially one who specializes in foreclosures and evictions can spell out the best options you have regarding staying in your home during the foreclosure process.

Posted by

 

 

Dave Halpern

Realtor, Louisville Short Sale Expert

Keller Williams Realty Louisville East

(502) 664-7827

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Sellers looking for foreclosure help in Louisville, KY should call Dave Halpern, Realtor, Louisville Short Sale Expert, Louisville Short Sale Expert, Keller Williams Realty Louisville East, (502) 664-7827. I will dedicate to you all the time you need for a full explanation of the process. We are compassionate, caring and patient. I will listen to your needs and wishes and customize a strategy to meet your circumstances. In a short sale your lender typically pays your closing costs and commissions.

I will provide you detailed information about foreclosure options and short sales. We help dozens of sellers avoid foreclosure every single year in Louisville, Jefferson County, Oldham County, Bullitt County, Shelby County, Nelson County and Spencer County.

We can help. You have options. Call even if you think your house isn't sellable. Put an expert real estate agent on your side. Many testimonials available.

Dave also trains other Realtors how to perform successful short sales.

Sell or buy a home - start the process at Dave Halpern Real Estate Group

IMPORTANT NOTICE: Dave Halpern, Realtor and Keller Williams Realty Louisville East are not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit. We do not provide legal advice, you are encouraged to seek legal counsel. We cannot and will not charge upfront fees.

 

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  1. Dan Edward Phillips 09/27/2010 01:16 PM
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Topic:
Home Selling
Location:
Kentucky Jefferson County Louisville
Groups:
Diary of a Realtor
Foreclosure Talk
Realtors®
Short Sale REALTORS®
"Whacked"!!!
Tags:
foreclosure auction
short sale
real estate agents
realtors
avoid foreclosure
attorneys
lawyers
eviction
stay in the home
sheriff

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Rainmaker
570,726
Dan Edward Phillips
Realtor and Broker/Owner
Dan Edward Phillips

Good Morning Dave, great post, very good information for the home owner in trouble.

September 23, 2010 07:44 AM
Rainmaker
930,763
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Personal Service, always.
Waters Realty of Brevard, LLC

I think the fear of the unknown is one of the great stresses during a foreclosure. I hope your words will help someone understand better - and call for help if they need it!

September 23, 2010 07:51 AM
Rainmaker
261,251
Dawn Crawley
Find Pinehurst Homes
Dawn Crawley Realty

My question is, where are these families going after the foreclosure? We don't hear about this. Fortunately in our area so far, we haven't seen many.  However, they are increasing, and I just don't hear what the families do after being forced out.

September 23, 2010 07:57 AM
Rainmaker
314,400
Dave Halpern
Louisville Short Sale Expert
Keller Williams Realty Louisville East (502) 664-7827

Dan - thanks for stopping by.

Gary - exactly right! fear of the unknown is a great stressor, Short sale pros can help.

Dawn - they are filling up rentals or doubling up with family. Sometimes they rent a house bigger and better and for less money than they were paying for their overleveraged house in foreclosure.

September 23, 2010 08:14 AM
Rainmaker
655,719
Patrick White
Put our 26 years experience and technolgy to work
Home Driven Realty, Inc

Good Morning Dave,

Thanks for the valuable information. Have a great day.

September 23, 2010 08:21 AM
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Rainmaker
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Dave Halpern

Louisville Short Sale Expert
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