What Is a Trustee's Sale in Tennessee?
A trustee's sale is how most Tennessee foreclosures end. Learn what it is, where notices appear, and what owners can do before the sale date.
What it is
A trustee's sale is a public auction where a home is sold to pay off a defaulted mortgage. The trustee named in the deed of trust runs the sale, usually at or near the county courthouse.
Where notices appear
Notices are published in a local newspaper in the home's county. Many also appear online at tnpublicnotice.com. The notice lists the property, the date, the time and the place of the sale.
Before the sale date
Until the sale happens, owners may still have options, such as paying the loan current, selling the home, or asking the lender to approve a short sale. Talk with a Tennessee attorney about your specific rights.
Talk it through, confidentially
Call Spring Mountain Realty PLLC before the sale date.
(865) 935-0500More questions
- How long does foreclosure take in Tennessee?
- Can I sell my house before foreclosure?
- Short sale or foreclosure: which is better?
- How does a short sale work?
Help by town
Spring Mountain Realty PLLC is a Tennessee real estate brokerage, not a lender, law firm, or foreclosure-rescue service, and is not affiliated with your mortgage company. We cannot promise that a lender will approve a short sale or that a foreclosure will be stopped. This is general information, not legal, tax, or credit advice. Free help is available from a HUD-approved housing counselor at (800) 569-4287.