A sheriff sale is the auction at the end of a Wisconsin foreclosure case. If you have been told the date of yours, you still have choices, and the most important one is what happens before the court confirms the sale.
No obligation. A member of our local team will reach out to talk it through.
Rather talk it through? Call (608) 523-9807
After the court enters a judgment of foreclosure, the sheriff gives public notice of the sale and sells the property at auction to the highest bidder. (Wis. Stat. ch. 846)
In Wisconsin an owner can generally pay off the judgment and costs and keep the house up until the court confirms the sale, and not after (Wis. Stat. ch. 846). The length of any redemption period depends on the type of property and other conditions.
After the sale, the court holds a hearing to confirm it. After confirmation, the sale is final.
You can sell the house on the market, or to a cash buyer like SWP Home Buyers, and use the proceeds to pay off the loan before the sale. The time is short, so call early. See our page on selling before foreclosure.
Family-owned and based in Beloit. Open daily, 9 AM to 9 PM.
Call (608) 523-9807 or fill out the short form. We will ask about the property, its condition and your timeline.
We usually present a no-obligation cash offer within 24 hours, based on the location, condition and recent nearby sales.
Close at a local title company in as little as 7 days, or on the date that works for you. We pay the closing costs.
We’ve put together the questions sellers ask us most. If yours isn’t listed, call us at (608) 523-9807 and we’ll answer it.
Foreclosure is the whole court case. The sheriff sale is the auction at the end of it.
Sometimes: by paying what the court requires, by filing bankruptcy, or by selling. Talk to a lawyer.
It’s the waiting period after judgment before the sale can happen. Its length depends on the property and the mortgage, so check your judgment. Separately, you can redeem until the sale is confirmed.
Ownership passes to the buyer. The owner’s right to redeem ends, and anyone still in the house will need to leave.
Call SWP Home Buyers at (608) 523-9807 or tell us about your house online.