Mortgage Foreclosures

Mortgage foreclosures are legal actions taken to foreclose upon real estate. Minnesota State Statutes Chapters 580 to 582 address the subject of foreclosures.

Mortgage Foreclosure Sales Procedure

The sale is conducted by the Sheriff, or his designate, in an open bidding process. Sales are conducted Monday through Thursday (except legal holidays) at 10:00 a.m. at the Civil Process window in the Sheriff's Office lobby. The bidding process will begin with the lender, mortgage company, or plaintiff’s attorney/representative verbally announcing their bid.

Bidding Process

Following the opening bid, others are given an opportunity to bid. A successful bidder must have cash or certified funds (payable to the Sherburne County Sheriff) available to pay the Sheriff’s Office at the time of the sale.

The successful bidder will receive a Sheriff’s Certificate of Sale that lists the name of the purchaser and the amount of the purchase. The Certificate of Sale is prepared by the attorney and includes documentation proving that all statutory requirements have been completed.

Redemption of Mortgage Foreclosed Property

All mortgage foreclosure sales are subject to a redemption period. The length of the redemption period is noted in the sale notice. (The redemption period may be subject to change.)

Schedule & Cost

For redemption of foreclosed properties through the Sherburne County Sheriff’s Office, requests must be made a minimum of 10 days prior to the day you wish to redeem. When making your request, please be sure to provide all the information listed on the Request for Certificate of Redemption form (PDF). There will be a $250 fee for issuing the Certificate of Redemption.

Short Sales

Note: The Sherburne County Sheriff’s Office does not issue certificates of redemption for short sales. If the redemption involves a short sale, contact the lender/mortgage company or their attorney directly.

Creditor Redemption: Notice of Intent to Redeem

The Notice of Intent to Redeem must be filed with the Sherburne County Sheriff’s Office Civil Division at least 7 days prior to the end of the owner/mortgagor’s redemption period. The Notice of Intent to Redeem must be a recorded copy and include recorded copies of the supporting documents giving you the right to redeem (mortgage, lien, judgment). There is a $100 filing fee for each Notice of Intent to Redeem. Redemption matters are handled Monday through Friday (except legal holidays) between 9:00 a.m. and 4:00 p.m.

Disclaimer

Every attempt has been made to ensure that the information contained on this web site is valid at the time of publication. Sherburne County reserves the right to make additions, changes, or corrections at any time and without notice. Additionally, Sherburne County disclaims any and all liability for damages incurred directly or indirectly as a result of errors, omissions or discrepancies and is not responsible for misuse or misinterpretation. Data is updated periodically.