In Fact they Contain Details Homeowners
The below info is reprinted by permission. It is the special copyrighted residential or commercial property of the Fulton County Daily Report, Incisive Media © 2008. All rights reserved.
Foreclosure notices might appear hard to check out and even more difficult to understand. In reality they include information property owners, communities, homebuyers and investors need to understand. Monthly, as Fulton County's main legal newspaper, the Daily Report publishes hundreds upon hundreds of foreclosure notices.
How Foreclosure Works
When a person borrows cash to buy genuine estate, such as a home or condominium, the loan is called a mortgage and needs regular monthly payments. In Georgia, if the residential or commercial property owner falls back in making those payments, the loan provider can action in and sell your house at auction to settle the debt. Doing so is referred to as foreclosing on a residential or commercial property.
These auctions take place the very first Tuesday of on a monthly basis (or the first Wednesday if the very first Tuesday falls on a holiday) between 10 a.m. and 4 p.m. on the steps of the county court house. For residential or commercial property situated in Fulton County, the auctions occur in downtown Atlanta on the front actions of the Fulton County Courthouse at 136 Pryor Street.
Georgia law enables loan providers to carry out an auction without needing to go before a judge on one condition: The loan provider should offer the debtor - and the general public - appropriate, legal notification of its plans to foreclose. Proper alert implies advertising in the county's official legal newspaper. In Fulton County, that main paper is, of course, the Daily Report. The loan provider must advertise its intent to foreclose as soon as a week for the 4 successive weeks leading up to the "first Tuesday" sale date.
The below info is reprinted by permission. It is the special copyrighted residential or commercial property of the Fulton County Daily Report, Incisive Media © 2008. All rights reserved.
Foreclosure notices might appear hard to check out and even more difficult to understand. In reality they include information property owners, communities, homebuyers and investors need to understand. Monthly, as Fulton County's main legal newspaper, the Daily Report publishes hundreds upon hundreds of foreclosure notices.
How Foreclosure Works
When a person borrows cash to buy genuine estate, such as a home or condominium, the loan is called a mortgage and needs regular monthly payments. In Georgia, if the residential or commercial property owner falls back in making those payments, the loan provider can action in and sell your house at auction to settle the debt. Doing so is referred to as foreclosing on a residential or commercial property.
These auctions take place the very first Tuesday of on a monthly basis (or the first Wednesday if the very first Tuesday falls on a holiday) between 10 a.m. and 4 p.m. on the steps of the county court house. For residential or commercial property situated in Fulton County, the auctions occur in downtown Atlanta on the front actions of the Fulton County Courthouse at 136 Pryor Street.
Georgia law enables loan providers to carry out an auction without needing to go before a judge on one condition: The loan provider should offer the debtor - and the general public - appropriate, legal notification of its plans to foreclose. Proper alert implies advertising in the county's official legal newspaper. In Fulton County, that main paper is, of course, the Daily Report. The loan provider must advertise its intent to foreclose as soon as a week for the 4 successive weeks leading up to the "first Tuesday" sale date.