The subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. Foreclosure by judicial sale, commonly called judicial foreclosure, involves the sale of the mortgaged property under the supervision of a court. To further my point, even if all of the foreclosures that are currently bank-owned homes all hit the MLS today in this Georgia county, foreclosures would still comprise less than 10 percent of total inventory in the market, compared with peaks as high as 30 percent to 40 percent a few years ago. The balance of the bid is due and payable within 30 days from the date of sale.
In its investigation, The Times found that Harbour had bought around 7,000 single-family homes in bulk sales from Fannie, the large government-controlled mortgage finance firm. Pre-foreclosed homes may come with liens and unpaid taxes, which the new owner will be responsible …