(1) What time are the sales and where are they held?
The sales are at 10:00 a.m. each Tuesday at the Justice Center, 3rd and Madison, Covington on the 1st floor by the elevators.
(2) Can I purchase the property before the sale?
Yes, but only the owner(s) can sell. The lien holder or mortgage company who brought the action does not own or have title to the property and as such does not have the authority to sell it.
(3) Can I see or inspect the property before the sale?
The owner(s) or the occupants of the property are the only persons able to give permission to prospective bidders, but they are under no obligation to do so. If you can get permission or entry from them, then you may inspect the property, but the commissioner’s office cannot assist in this process.
(4) Can a sale be canceled?
Yes and they frequently are, but as soon as the commissioner’s office is notified of the cancellation, this Web site will be updated accordingly.
(5) When will I receive a deed and possession of the property?
It generally takes 3-4 weeks before a deed is prepared and ready for delivery. During that period, unless otherwise ordered by the Court, the purchaser has no right to possession. Even though a deed will not immediately be delivered to a purchaser, they have an equitable and insurable interest in the property and are urged to immediately secure an insurance policy on the property for its full value.
(6) What if somebody is currently living there?
In most cases, the residents voluntarily leave before a deed is given to the successful bidder. Should they then refuse to vacate, the purchaser will need to obtain an order from the Circuit Court ordering them to vacate.