Richard Klass quoted today on SFGate.com and Realtor.com…
“What Is a Sheriff’s Sale? Yes, Your Local Law Enforcement Is Involved”
“The homes included in these sales are in the foreclosure process, but a sheriff’s sale isn’t as cut-and-dry as it might seem.”
Kristine Gill, provided by REALTOR.COM
Published on SFGate.com 3:30 am PDT, Friday, October 4, 2019
“Home buyers are always looking for a bargain. But if you’re really looking to save some dough, consider a sheriff’s sale. As the name suggests, it’s a real estate sale that involves your local authorities….
“If the successful bidder fails to come up with the rest of the purchase price within the 30-day period, the deposit made on the property will be forfeited, says Richard Klass, an attorney in Brooklyn, NY. In that situation, the second-highest bidder will be given the chance to purchase the property….”