The notices started showing up the first week in December. Sent by regular mail and certified mail. A week later we received yet another batch. They really want to make sure we knew that the auction would be scheduled for today -- February 18, 2011.
I pictured a fast talking auctioneer standing in front of our house, gavel in hand, surrounded by hungry buyers. I pictured us, cowering behind the garden wall, listening to cigar-chomping investors bidding $5,000, $10,000 … SOLD to the gentleman in the porkpie hat for $15,000!
In reality, everything is done at the court house downtown. Our house is part of a very long list being auctioned today. And since today is the Friday before a 3-day holiday, our attorney thinks there’s a very slim chance that it gets sold -- because everybody with $$$$ to buy houses has probably left for their ski resort house already.
I suppose we won't know anything until the buyer (if there was one) has the closing. Then they get 72 hours (I think) to notify us. Then we have 30 days (I think) to vacate. It's hard to get a good answer on this, hence the "I thinks." But apparently, more of these buyers at auctions are investors, who are more than happy to rent the house back to you -- at least until they're ready to do something with it.
So, we are now officially in Limbo. I feel like I should start packing or something. Or sorting or something. But I'm so. very. tired.
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