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Updated about 10 years ago on . Most recent reply

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Rhonda Heckathorn
  • Portage, IN
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17
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pre-foreclosure verse pre-foreclosure auction

Rhonda Heckathorn
  • Portage, IN
Posted

I am seeing both pre-foreclosure as one heading and pre-foreclosure auction as another, are these the same thing, or do they have 2 different meanings?

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31
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Laura Marshall
  • Residential Real Estate Broker
  • New Bern, NC
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31
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Laura Marshall
  • Residential Real Estate Broker
  • New Bern, NC
Replied

Hi. I am a broker and I have also seen properties in our County tax roll showing as "pre -foreclosure" meaning that the Notice of Default has been filed and "pre-foreclosure / auction " meaning that the Notice of Sale has been filed. I suppose that every State, County and site may have different meanings for the same words.

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