If you have a judgment against someone, you can "execute" the judgment against the debtor's non-exempt real or personal property. Its most common in states with "judicial" real estate foreclosure laws- that is, in the 23 or so states that require the lender to file an action in court, rather than just serve and publish foreclosure notice ("non-judicial foreclosure") and then have a private party sell the property "on the courthouse steps".
Don't see many Sheriff's sales any more, in states with non-judicial foreclosure. The exemption laws are generous enough that most folks don't have any non-exempt property to execute against, and if they do, they usually try to sell it, borrow against it, or just deed or convey it to the judgment holder rather than incur additional costs and negative credit score impact of going to court.
Tax sale is a completely different animal- the county Treasurer is empowered to sell property at auction, free and clear of liens, if property taxes go more than 3 years delinquent. Sheriff has nothing to do with it. What with all the publicity on late night TV, not many bargains at tax sales anymore. The days of buying a house for $312.98 in back taxes are long past.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.