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Judgment of Foreclosure and Sale is a judge’s signed order allowing for the bank to sell a property in Foreclosure at an auction to recoup the money loaned for the indexed property. This includes any court costs or interest accrued during the course of the foreclosure. Judgment of Foreclosures and Sale are designed for the sophisticated investors looking to get a notice of judgment entry as the judgment is entered. This type of Judgment is the final step in the Foreclosure process, prior to an auction date being scheduled. This type of information can be extremely valuable in understanding the history of a Foreclosure. Through the court’s purchased index number provided in each action, you can view and obtain all the necessary information regarding that Foreclosed mortgage.
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