Help :: Understanding Dates
Each foreclosure has a variety of dates associated with it and it's very
easy to get confused about what each date represents.
Date Filed -
When an attorney wants to start the foreclosure proceedings
for their client (the bank) they need to file a formal request and
pay their filing fee.. When they do this, they're given a docket number
and can go ahead and start the foreclosure process. The date filed is the
date this process takes place even though the foreclosure is not yet
public record. Until the foreclosure is public record, however, the
foreclosure can't proceed very far.
Date On Site -
Once the foreclosure has been entered into the state's
systems by the "docketers", it becomes public record. At this point, we
get the foreclosure on our site and the Date On Site is set. This is
usually within a week or so of the foreclosure becoming public.
Auction Date -
One of the last steps in the foreclosure process is the
auction. When we find out about an auction date for a foreclosure, we
post it on the site with the notice. We check with a number of auctioneer
companies on a daily basis to get the latest status for upcoming auctions.
Many auctions are cancelled or postponed within days of the auction, so
always check back before the auction, or call the auctioneer directly to
assure that the auction is still scheduled.
Auction Data Last Updated -
This is the last time we updated auction
information for this particular property. Often auctions are rescheduled,
and when that happens, the latest auction information will appear with a
foreclosure.