Sunday, June 22, 2014

In Missouri when a home is foreclosed on is it necessary to have a public auction?

My home was short sold of the full value of the mortgage and a judgement issued against me. The public auction was scheduled as "sometime from 9am to 5pm with the traditional time being 2 pm". Nobody was present at 2pm and the note holder sold the home to another trust held by the same company short of the full loan value without holding an actual public auction.

Read more: In Missouri when a home is foreclosed on is it necessary to have a public auction?