Sheriff Sale Process Explained

Were you just served a notice of Sheriff Sale for a property that you own? Read on to learn more about this process.

After you stopped making your mortgage payment a few consecutive times, your lender will initiate the foreclosure process. It begins with a complaint, also known as lis pendens, which means “litigation pending”.

In this phase, the lender begins to exercise its action to foreclose on your property.

Once this happens, attorney fees apply plus interest. In addition,  your mortgage and interest payments accrue more debt.

After you receive the initial complaint, you may continue to receive notices of the progress, and actions that the lender takes to fulfill the obligations needed to foreclose.

Once all notice has been completed, and all necessary parties were served the sheriff complaint, the lender will schedule a date to auction the property at the Sheriff Sale auction.

Pittsburgh Sheriff Sales are held on the first Monday of each month, unless it is a holiday.

How to stop foreclosure and the sheriff sale: 

You can do 1 of 3 things:

1. Sell the property and close before the auction date

2. refinance/modify your loan

3. pay off the debt

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