Home | The plaintiff's max bid is typically hidden. In some states, you may have to pay the entire amount of the bid at the time of sale. How is it different from an in-person foreclosure sale? I will use each of these terms in an example sentence, so you can see them in context. No deposits will be accepted on the day of the auction. The trailing bidder would be notified with a message on the screen that "your bid was submitted successfully, but you trail an earlier bidder at the same price". A final payment made by wire transfer that is initiated by the successful bidder's bank prior to the 2:00 pm EDT deadline, but not received by the Clerk's bank by the 2:00 pm EDT deadline, will be returned to the bidder and the sale will be forfeited. (Please see the answer to Question 8. All checks must be drawn upon a U.S. or Canadian banking institution, made payable to Clerk & Comptroller Palm Beach. You may also view a complete list of the fees associated with each sale on the Clerk's web site at https://www.mypalmbeachclerk.com/resources/fees/other-services-fees/foreclosures. Grill vs. If a bidder becomes a leading bidder (as displayed by "leader" in the bid status column) in the last one minute of the sale, the Auction Clock will change to reflect a new Auction Close Time and the sale will be extended one (1) minute to allow additional bidding. Cloudflare Ray ID: 5ee8871a88a52c92 Plaintiff – What’s the Difference? • Dates and Deadlines. Q: Does a foreclosure sale eliminate all other liens (for example - a 1st bank mortgage, a 2nd bank mortgage, a condominium/home owner association lien, tax liens, a construction lien, a mechanics lien, etc.) What happens if I fail to pay the balance within the period indicated? ), Depending on the circumstances, one or more lien(s) may still exist on the property after a Certificate of Title is issued. No final payments will be accepted without a court order after the 2:00 pm EDT the next business day following the sale. Proxy bidding is a form of competitive sale in which bidders input the maximum bid they are willing to pay for a property they would like to purchase. the Auction Administrator. You may choose to keep your deposit on account with the Clerk to use for future auctions or you may request a refund of some or all of your remaining deposit. A: Depending on the circumstances, the bank's mortgage may still exist as a lien on the property. Register | A bidder must have internet access and a web browser; recommended browsers include: Internet Explorer version 9.0 or later, Mozilla Firefox version 3.0 or later, Google Chrome version 17 or later. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. The Plaintiff is entitled to a credit bid up to the amount of its judgment. A title insurance company refused to insure the title against the local taxes involved and an … The property will be sale down this price (Plaintiff max bid)??? They refer to the accusing and the accused parties, respectively, in court cases. A refund of unused ACH deposits will be automatically initiated on the 85th day following a deposit. Plaintiff Representatives may begin submitting bids and performing other Pre-Auction functions one (1) week prior to a scheduled sale.

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