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Alabama Law for You

  • Writer's pictureGregory Stanley

Foreclosure Questions & Answers

What time is the auction going to be held by Stanley & Associate?

11 am

Can I purchase the property before the foreclosure sale?

Can I enter and inspect the property prior to the foreclosure?

Where will the auction be held?

Can I pick up the executed foreclosure deed and record the deed myself?

Can I enter the property as soon as the sale is over?

How does the foreclosure auction process work?

What date will the sale be held?

Is the property occupied and, if so, by whom?

I think a property I am interested in is about to go into foreclosure, can you…

What is the opening bid?

What is the lender’s best/highest bid?

What do I need to bring with me to sale?

To whom do the certified funds need to be made payable?

I purchased a property at the foreclosure sale which was held by your firm. When will I receive my deed?

May I receive a copy of the recorded deed as soon as it is recorded, before you receive the original back from the County?

When can I enter the property?

When can I remove the people occupying the property or remove their personal property?

Are there any liens on the property that survived foreclosure? Was the loan that was foreclosed in first position? Are there any delinquent taxes?

I purchased a property at the foreclosure sale and now it appears there are municipal liens. What am I responsible for?

DISCLAIMER: Buying foreclosures is buying property with no guarantee of title. Do your own due diligence. Stanley & Associates, LLC is providing this FAQ to you as a courtesy and for informational purposes only. This information does not constitute, nor should it be construed as legal advice or legal opinions and should not be relied on as such. This information is not guaranteed to be correct, complete, or up to date. We strongly urge you to seek legal counsel from to discuss any issues or additional questions you may have about the process or the risks involved. Should anything in this FAQ conflict with a published notice of sale, the notice of sale shall control.

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