Title: What Happens in the Foreclosure of a Property? | Home Guides | SF Gate
Headings: What Happens in the Foreclosure of a Property?
What Happens in the Foreclosure of a Property?
Notice of Default
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Vacating the House

Content: Vacating the House
Whether the house is purchased at auction or the minimum bid is not met and it reverts to the bank's real estate owned (REO) department, don't assume you will be allowed to continue living there. You will be notified how long you have to vacate the house. Should you refuse, the eviction process begins and, eventually, the local sheriff will arrive to escort you to the curb. Foreclosure is then complete. ‒‒:‒‒
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References
Stop CC Debt: Steps to Foreclosure
Writer Bio
Derek Dowell has ghostwritten dozens of projects and thousands of blogs in the real estate, Internet marketing and travel industry, as well as completed the novel "Chrome Sombrero." He holds a Bachelor of Science in environmental legal studies from Missouri State University. Related Articles
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