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About Steele V. Propp
Expertise
Can answer all questions on all areas of the foreclosure process both judicial and non-judicial. Also on loss mitigation and foreclosure prevention including loan modification, short sales and deed in lieu of foreclosure. Also can assist with questions on purchasing property in foreclosure and already bank owned (REO, Real Estate Owned). Both as an investor and/or a homeowner.

Experience
I have 18 years of working with the foreclosure industry as a Foreclosure Specialist. Currently work with over 20 major lenders as well as a dozen asset management companies. Head up the Bank Owned Property Division of the Schatz Real Estate Group located in Minneapolis, MN. Regularly consult and advise consumers from across the county.

Organizations
I belong to the Realtor Association at the National, State and Local levels. Also the Real Estate Investors Association. The Real Estate Educators Association. As well as number foreclosure industry organizations.

Publications
Consumer Reports, Money magazine, Consumer Digest and many local and national newspapers.

Education/Credentials
Bachelors Degree work in Psycholgy and Economics. Masters Degree work in Counseling Over 15 real estate designations. Specialized study of foreclosures and real estate.

Awards and Honors
Diamond Award from the Certified Residential Specialist (CRS) origanization. Chapter of the Heart as President of the Minnesota CRS Chapter

Past/Present Clients
GMAC Asset Management, First American REO, HomEquity REO, Keystone Asset Management and more.

You are here: Experts > Real Estate > Foreclosure > Foreclosure > after a forcloser sale

Foreclosure - after a forcloser sale

Expert: Steele V. Propp - 11/3/2009

Question
My home has been sold at an non-judicial auction, I am wondering what are the laws for me, he has gave me a piece of paper saying he is the new owner i had 7 days to leave and he does not need to go to the courts to remove me. As he is the new owner does he and I fall under the landlord tenant act he says we do not fall under that and that a forcloser is different. I have asked a few attorney's a couple says we fall under it and a couple says no so I am at a lost. I don't want to stay here and fight just needing time to move and I am scared going to come home and locks are change. Anchorage Alaska

Answer
I am not a native of your state so I am not familiar with your statutes to this detailed a degree. But if your process for non-judicial auctions is like ours it is performed by the sheriff department civil division or someone similar. If so, I would be contacting them to see what the eviction process is in a foreclosure situation.

I am not saying he is wrong but this seems very fast. I know I can't just evict someone in 7 days. And yes, it does take a court order. At least around here.

First thing you need to do is find out the law on this. Try the sheriff department first then seek legal advice. Many areas have free or low cost legal aid to help with the foreclosure crisis so there should be plenty of experts in your area.

Best wishes.

Steele

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