Legal Question in Real Estate Law in Maryland
My house is scheduled to be sold at a foreclosure auction on 10/09/15, how long do i have to get out of the house if the property is sold.
Asked on 10/07/15, 11:31 am
1 Answer from Attorneys
Robert Sher
Wagshal and Sher
This varies depending on how swiftly the foreclosure purchaser proceeds to get court ratification of the purchase, which is a step toward transfer of title. You will probably get a letter demanding vacation of the property by a certain deadline. Sometimes, in order to get possession asap and without difficulty, the purchaser will offer a financial incentive.
Answered on 10/07/15, 12:34 pm