Foreclosure auctions rarely go exactly as planned, and even routine sales can be disrupted by bidder misunderstandings, funding issues, legal developments, or procedural inconsistencies. This session examines the most common challenges that arise before, during, and immediately after foreclosure auctions, while highlighting practical strategies to minimize risk and improve outcomes for all parties. Topics include bidder education and sale readiness, judicial versus non-judicial state considerations, remote bidding, acceptable funds, sale coordination among trustees, law firms, clients, and auction vendors, and the handling of unexpected events such as bankruptcy filings, conflicting sale notices, trustee communication failures, and payment irregularities. Attendees will gain practical insights into current industry practices, emerging trends, and opportunities for greater standardization to help ensure more efficient and transparent foreclosure sales.
- – Olivia Todd, Tiffany & Bosco, P.A. (Moderator)
- – Henry Briones, Auction.com
- – Miriam Paez, ServiceLink Auction and Agency Sales and Posting
- – Katie TerBush, MK Consultants
- – Brandi West, Xome