Notices about mortgage foreclosure sales are published in Local newspapers. The mortgage foreclosure Court files are kept in the Circuit Civil Division. The Court file will contain information about the amount owed on the property, as well as a description of the property. However, the street address of the property will probably not appear in the Court file.
The Clerk issues a Certificate of Sale to the highest bidder after all funds are paid. Ten (10) days after the issuance of the Certificate of Sale and if no objections to the sale are filed, the Clerk records a Certificate of Title in the Official Records that transfers ownership of the property to the highest bidder.
Please note that even though a Certificate of Title is issued, that does not mean the property is free and clear of any liens. The buyer assumes any liens that are attached to the property and is responsible for them. Therefore, it is advisable that a title search be done on said property before bidding, so that the potential buyer is aware of any outstanding liens.
