Lake Martin Topics: That ten per cent?
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Name:   Harborcon The author of this post is registered as a member - Email Member
Subject:   That ten per cent?
Date:   7/30/2008 11:47:27 AM

I don't know about foreclosures, but it is my understanding (from a Dadeville attorney) that any "courthouse steps" auction yeilds 10% to the attorney filing for the sale, by statute; and that fee is off the top, before the owner get the net proceeds (after other costs of sale).
Other messages in this thread:View Entire Thread
Home to be Auctioned - Freshwater Bay Girl - 7/29/2008 9:59:45 AM
     Home to be Auctioned - WAKINitUP!! - 7/29/2008 10:18:15 AM
          Home to be Auctioned - Freshwater Bay Girl - 7/29/2008 11:26:06 AM
     Recent Auction Results here - John C - 7/29/2008 1:22:33 PM
          That ten per cent - Council Roc Doc - 7/29/2008 4:30:59 PM
               That ten per cent - DaBurglar - 7/29/2008 5:23:04 PM
                    That ten per cent? - Freshwater Bay Girl - 7/29/2008 5:56:36 PM
                         That ten per cent? - Swimmer27 - 7/29/2008 6:30:47 PM
                              That ten per cent? - Harborcon - 7/30/2008 11:47:27 AM
                                   terms and conditions 5% - Kizma Anuice - 7/30/2008 12:42:41 PM
                                   That ten per cent? - Swimmer27 - 7/30/2008 2:52:41 PM
                                        Home to be auctioned - Freshwater Bay Girl - 7/30/2008 5:04:24 PM



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