Sheriff's sale
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A sheriff's sale is a public auction sale of property held by the sheriff pursuant to a writ (court order) of execution (to seize and sell the property) to satisfy (pay) a judgment, after notice to the public. There are three types of sales that take place at these auctions, Mortgage foreclosure, Tax lien, and Tax sale. Each property is listed by its book and writ number. The highest bidder is required to immediately submit ten percent of the winning bid while at the auction. The rest of the money must be paid to the Sheriff's Office no later than thirty days following the auction. If the money is not paid, the house/property will be auctioned off at the next sale.
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