MLLF Terms of Foreclosure Sales

Please read and accept the terms.

Trustee’s terms of payment at Missouri Foreclosure sales: All sales will be to the highest bidder for cash. Unless specific arrangements are made PRIOR to the sale, the Trustee will require that an earnest money deposit by Certified Check be delivered to the Trustee immediately after the sale by the successful bidder in an amount equal to 10% of the sale price. The Trustee must be in receipt of the entire purchase price by noon of the next business day following the date of sale. Failure to make full payment when required will cause the loss of the sale and any earnest money deposit as liquidated damages. In that event, the property will then be offered for sale to the next highest bidder at its bid amount until the property is sold.

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