Louisiana uses the judicial process to deal with properties with loans in default. When a home owner fails to keep up on the mortgage, the lender can sue. The judge can then order foreclosure and public sale of the property. The parish sheriff’s office has the responsibility of conducing foreclosure auctions on Louisiana foreclosures. Each ...
The state of Wisconsin allows banks and other mortgage lenders to foreclose on and sell properties when the home owner defaults on the property’s mortgage loan. Milwaukee provides a great deal of opportunities to purchase one of these foreclosures. Buyers interested in bidding on Milwaukee foreclosures must first learn how to find these foreclosed properties. ...
North Dakota lenders may foreclose on real estate properties when the borrower who owns the home defaults on the mortgage loan. They file suit in court to get a foreclosure order. The judge then orders the county sheriff to auction off the property. Buyers need to learn how to get foreclosure notices from the sheriff. ...
As New Orleans continues its successful recovery from Hurricane Katrina, it is no surprise that the city is a common source of foreclosed properties. Under Louisiana law, lenders can foreclose on a property through a judicial process. The court then orders the parish sheriff to sell the property at a public foreclosure auction. Individuals interested ...
