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Updated about 5 years ago,
Can someone help me understand Sheriffs sale better? (REPOST)
Regarding sherrifs sales in my county.
On the property page link below - there are 5 categories for the status of a given property. ACTIVE/CANCELLED/BANK/PRIVATE/BANK PLTF - What does bank,private, and bank pltf mean?
Does the property go back to the bank if it doesn't reach the listed mortgage balance? I am confused if these property are selling and who they are selling to.