Auction Status Information
Auction Status for Maryland Auction Foreclosure Sales
After a property is scheduled for auction, the owner has an opportunity to stop the auction by paying the amount owed to the foreclosing lender. It’s also not uncommon for auctions to be postponed without a new date being published. Although cancellations and postponements are announced at the time and location of the originally scheduled auction, you can call the trustee to find out beforehand. Visit www.MDAuctionSales.com often and you will have access to the trustee information for each auction property.
Foreclosure Auctions that Robert McArtor conducts are held at the Circuit Courthouse Steps in the same county where the property is located. The auction location is usually listed on www.MDAuctionSales.com if it is being conducted by Robert McArtor. If the auction location is not listed on MDAuctionSales.com, you can typically get that information from a link provided to the trustee’s website. If you call the county clerk, make sure you clarify that you are looking for the location of mortgage foreclosure auctions, not tax foreclosure auctions.
The bidding procedure varies from state to state, so you should become familiar with the procedure in your area before bidding at an auction. In Maryland, bidders are required to bring a certain percentage (10 percent is common) of the bid amount to the auction and pay the remainder of the amount within a certain timeframe if they are the highest bidder. Please read the advertisement for specific instructions. If you get a friendly representative when you call the trustee, you might be able to get information about how the bidding works, but in most cases you’ll need to educate yourself. You can get started by reading the foreclosure laws in Maryland. Please note that these laws may change periodically and this website in no way represents the current or most resent law available. You could also contact a local real estate agent or attorney in your area. Of course, the best education will come from simply observing a local auction.
Robert B. McArtor also Provides Professional Realty Services through
http://www.MarylandHOMESTeam.com/
After a property is scheduled for auction, the owner has an opportunity to stop the auction by paying the amount owed to the foreclosing lender. It’s also not uncommon for auctions to be postponed without a new date being published. Although cancellations and postponements are announced at the time and location of the originally scheduled auction, you can call the trustee to find out beforehand. Visit www.MDAuctionSales.com often and you will have access to the trustee information for each auction property.
Foreclosure Auctions that Robert McArtor conducts are held at the Circuit Courthouse Steps in the same county where the property is located. The auction location is usually listed on www.MDAuctionSales.com if it is being conducted by Robert McArtor. If the auction location is not listed on MDAuctionSales.com, you can typically get that information from a link provided to the trustee’s website. If you call the county clerk, make sure you clarify that you are looking for the location of mortgage foreclosure auctions, not tax foreclosure auctions.
The bidding procedure varies from state to state, so you should become familiar with the procedure in your area before bidding at an auction. In Maryland, bidders are required to bring a certain percentage (10 percent is common) of the bid amount to the auction and pay the remainder of the amount within a certain timeframe if they are the highest bidder. Please read the advertisement for specific instructions. If you get a friendly representative when you call the trustee, you might be able to get information about how the bidding works, but in most cases you’ll need to educate yourself. You can get started by reading the foreclosure laws in Maryland. Please note that these laws may change periodically and this website in no way represents the current or most resent law available. You could also contact a local real estate agent or attorney in your area. Of course, the best education will come from simply observing a local auction.
Robert B. McArtor also Provides Professional Realty Services through
http://www.MarylandHOMESTeam.com/
