Foreclosure business with its incredible outcome

| Total Words: 458

Foreclosure is a legal proceeding by which the county enforces payment of real property taxes. The county acquires legal title to a property if the taxes arent paid by a certain date. Generally real property is normally subject to foreclosure three years after the taxes become delinquent. List of all the properties on which the taxes are not been paid subjected to foreclosure and is mostly prepared in July of each years for accounts with property taxes of three years delinquent. If a certain property is subject to foreclosure then lien holders may ask for the notification.

One month after the list is announced, the district attorney subject that list to judgment and decree to the court. The notification of the foreclosure is sent to different people and even circulated in different parts of the country. When all this thing has done, a proper date of auction is announced which includes all the person and court official in it. How ever your property can be removed from the foreclosure list if you pay the respective taxes with interest before the publishing date. And even after the list is published you can eliminate your property name from that list by paying all the...

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