This Notice of Sale is posted in the media and a copy

 pasted on the property. Only 90 days time is permission

for treatment of the outstanding dues to the lender to

 avoid foreclosure. The sale of the property takes

 location on the date and time define in the

Notice of Sale at the county court.

The public auction is held and the bid are required

 to pay submit upfront to take part in bidding.

The mosthighest bidder has to pay the bid amount within 24 hours

 and take possession of the property. In looking of the

 speed of foreclosure process with less process hassles,

 in most States of the U.S. only this system is preferred

 by the mortgage lenders.

Strict Foreclosure

Involves a oder that orders the payment of a mortgage

 of real property. The heard foreclosure decree sets out

the amount due under the mortgage, orders that to be paymet

within a especially time limit, and provides that if payment

is not made, the mortgagor's right and equity of

 compensation are forever barred and foreclosed.