Home Foreclosures: Caveat re Helpful Websites
[This list is not exhaustive, just illustrative.]
[This list is not exhaustive, just illustrative.]
Federal National Mortgage Association (Fannie Mae):
The Fannie Mae Single-Family Servicing Guide is available by following the links at this site.
Federal Home Loan Mortgage Corporation (Freddie Mac):
Home Affordable Modification Program:
This is the administrative website for servicers created by the Department of Treasury.
Making Home Affordable Program:
The general website for the Making Home Affordable Program.
Consumer Financial Protection Bureau:
U.S. Census Bureau, American Housing Survey:
U.S. Department of Education:
U.S. Department of Housing and Urban Development:
Equifax:
Experian (formerly TRW):
TransUnion:
To order free reports:
AARP:
This website provides information about elder-related issues, including many consumer issues such as reverse mortgages and predatory lending. AARP’s model state law on Home Improvement Financing is also available on its website.
American Bankruptcy Institute:
Center for Responsible Lending:
Fitch Ratings:
Independent Foreclosure Review:
National Mortgage Settlement:
Ala. Code §§ 40-10-1 to 40-10-200
Method of Tax Sale: Tax Lien Certificate—sold at auction to highest bidder.
Pre-Sale Notice:
Number of Notices: Two. One in connection with collector seeking probate court decree for tax sale and one in connection with tax sale after decree is obtained. §§ 40-10-4, 40-10-12.
Alaska Stat. §§ 29.45.290 to 29.45.500
Method of Tax Sale: Tax Deed—sold to municipality for the lien amount. §§ 29-45-390, 29-45-450.
Pre-Sale Notice:
Number of Notices: Three. Two prior to foreclosure, and one prior to expiration of redemption period.
Ariz. Rev. Stat. Ann. §§ 42-18001 to 42-18403
Method of Tax Sale: Tax Lien Certificate—sold at auction to bidder who pays amount of delinquent taxes, interest, penalties, and charges due, and who offers to accept lowest interest rate for redemption amount. § 42-18114.
Pre-Sale Notice:
Number of Notices: One.
Ark. Code Ann. §§ 26-37-101 to 26-37-316
Method of Tax Sale: Tax Deed—sold at auction to highest bidder.
Pre-Sale Notice:
Number of Notices: One.
Type of Notice: The Commissioner of State Lands (“Commissioner”) shall publish a notice of sale in a newspaper having general circulation in the county where the land is located. § 26-37-201.
Cal. Rev. & Tax. Code §§ 3351 to 3972, 4101 to 4379, 4501 to 4505 (West)
Method of Tax Sale: Tax Deed—sold at auction to highest bidder. (Local tax collectors may also sell tax certificates if authorized by resolution of county board of supervisors).
Pre-Sale Notice:
Number of Notices: Two (if property is primary residence of the last known assessee).
Colo. Rev. Stat. §§ 39-11-100.3 to 39-11-152, 39-12-101 to 39-12-113
Method of Tax Sale: Tax Lien Certificate—sold at auction to highest bidder (lien amount or the largest amount in excess of the lien amount). § 39-11-115, § 39-11-117.
Pre-Sale Notice:
Number of Notices: One.
Conn. Gen. Stat. §§ 12-122 to 12-170, 12-171 to 12-195h
Method of Tax Sale: Tax Deed—sold at auction to highest bidder.
Pre-Sale Notice:
Number of Notices: Three.
Del. Code Ann. tit. 9, §§ 8701 to 8779
D.C. Code §§ 47-1330 to 47-1385
Fla. Stat. §§ 197.102 to 197.602
Method of Tax Sale: Tax Lien Certificate—sold at auction to bidder offering lowest interest rate for redemption amount (§ 197.432); and Tax Deed—sold at auction to highest bidder (§ 197.502).
Pre-Sale Notice:
Number of Notices: One prior to sale of tax certificate, and two prior to tax deed sale.
Ga. Code Ann. §§ 48-3-2 to 48-3-28, 48-4-1 to 48-4-81
Method of Tax Sale: Tax Deed—sold at auction to highest bidder.
Pre-Sale Notice:
Number of Notices: Three.
Haw. Rev. Stat. §§ 231-61 to 231.70
Method of Tax Sale: Tax Deed—sold at auction to highest bidder. Collector may enforce lien by action in circuit court in the same manner and form as ordinary foreclosure proceedings. § 231-62. Collector may also sell property on which tax lien exists by way of foreclosure without suit. § 231-63. Section 231-63 provides in part that any lien existing for three years shall be sold by collector at public auction, and that tax sale is described below.
Idaho Code §§ 31-801 to 31-879, 63-1001 to 63-1015
Method of Tax Sale: Tax Deed—sold at auction to highest bidder. (Property is first acquired by county through tax deed procedure and then sold at auction.) § 63-1005.
Pre-Sale Notice:
Number of Notices: One. Additional notice is provided before issuance of tax deed to county as described below.
35 Ill. Comp. Stat. Ann. §§ 200/21-5 to 200/21-445, 200/22-5 to 200/22-95
Method of Tax Sale: Tax Lien Certificate—sold at auction or by electronic automated sale to highest bidder. §§ 200/21-260, 200/21-261.
Pre-Sale Notice:
Number of Notices: One.
Ind. Code §§ 6-1.1-24-1 to 6-1.1-24-17
Method of Tax Sale: Tax Lien Certificate—sold at auction to highest bidder. § 6-1.1-24-9.
Pre-Sale Notice:
Number of Notices: One.
Iowa Code §§ 446.1 to 446.45, 447.1 to 447.14, 448.1 to 448.17A
Method of Tax Sale: Tax Lien Certificate—sold at auction to the person offering the total amount due for the smallest percentage interest in the property. § 446.29.
Pre-Sale Notice:
Number of Notices: One.
Kan. Stat. Ann. §§ 79-2301 to 79-2323a, 79-2401a to 79-2432, 79-2801 to 79-2812
Method of Tax Sale: Tax Deed—sold initially to county for taxes due and then at foreclosure auction to highest bidder. § 79-2804.
Pre-Sale Notice:
Number of Notices: One.
Ky. Rev. Stat. Ann. §§ 91.420 to 91.610, 134.010 to 134.990 (West)