South Carolina Sample Letter for Notice of Sale to Junior Lien Holder

• Category: Letters - Legal - Foreclosures
• State: Multi-State
• Control #: US-0723LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. South Carolina Sample Letter for Notice of Sale to Junior Lien Holder [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Junior Lien Holder's Name] [Junior Lien Holder's Address] [City, State, ZIP] Subject: Notice of Sale — [Property Address] Dear [Junior Lien Holder's Name], I hope this letter finds you well. I am writing to notify you that the property located at [Property Address] in South Carolina is scheduled for sale in accordance with [South Carolina Code Section/Foreclosure Law Reference], where you hold a junior lien on the property. As the junior lien holder, it is essential that you are aware of the impending sale. The sale of the property is being initiated due to the default of the senior lien holder, [Senior Lien Holder's Name], who holds a superior lien on the property. I have made multiple attempts to communicate with the senior lien holder regarding their default but have not received any response or resolution. In compliance with South Carolina foreclosure laws, this notice is being sent to inform you of the intended sale. The sale will be conducted publicly at a foreclosure auction, which is scheduled to take place on [Sale Date] at [Sale Time] at the [Sale Venue/Location]. Please take note of the following information regarding the sale: 1. Property Address: [Property Address] 2. Sale Date: [Sale Date] 3. Sale Time: [Sale Time] 4. Sale Venue/Location: [Sale Venue/Location] 5. Outstanding Balance on Senior Lien: [Amount] It is important for you, as the junior lien holder, to attend the foreclosure auction or appoint a representative on your behalf. You will have the opportunity to bid on and potentially acquire the property, subject to your lien priority. Should you choose to participate in the auction, it is advisable to come prepared with the necessary funds to cover your bid. If you decide not to attend the foreclosure auction or are unable to participate, please understand that your junior lien will be extinguished upon the sale of the property. As a result, your lien will be discharged, and the purchaser of the property will assume ownership free and clear of any junior liens. To facilitate any further communication or address any concerns you may have, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. I would be more than willing to provide additional documentation or support during this process. Thank you for your attention to this matter, and I look forward to hearing from you soon. Sincerely, [Your Name] [Your Title/Position] [Your Company Name (if applicable)] Different Types of South Carolina Sample Letters for Notice of Sale to Junior Lien Holder: 1. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Residential Real Estate Foreclosure 2. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Commercial Real Estate Foreclosure 3. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Agricultural Property Foreclosure 4. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Industrial Property Foreclosure 5. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Vacant Land Foreclosure.

South Carolina Sample Letter for Notice of Sale to Junior Lien Holder [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Junior Lien Holder's Name] [Junior Lien Holder's Address] [City, State, ZIP] Subject: Notice of Sale — [Property Address] Dear [Junior Lien Holder's Name], I hope this letter finds you well. I am writing to notify you that the property located at [Property Address] in South Carolina is scheduled for sale in accordance with [South Carolina Code Section/Foreclosure Law Reference], where you hold a junior lien on the property. As the junior lien holder, it is essential that you are aware of the impending sale. The sale of the property is being initiated due to the default of the senior lien holder, [Senior Lien Holder's Name], who holds a superior lien on the property. I have made multiple attempts to communicate with the senior lien holder regarding their default but have not received any response or resolution. In compliance with South Carolina foreclosure laws, this notice is being sent to inform you of the intended sale. The sale will be conducted publicly at a foreclosure auction, which is scheduled to take place on [Sale Date] at [Sale Time] at the [Sale Venue/Location]. Please take note of the following information regarding the sale: 1. Property Address: [Property Address] 2. Sale Date: [Sale Date] 3. Sale Time: [Sale Time] 4. Sale Venue/Location: [Sale Venue/Location] 5. Outstanding Balance on Senior Lien: [Amount] It is important for you, as the junior lien holder, to attend the foreclosure auction or appoint a representative on your behalf. You will have the opportunity to bid on and potentially acquire the property, subject to your lien priority. Should you choose to participate in the auction, it is advisable to come prepared with the necessary funds to cover your bid. If you decide not to attend the foreclosure auction or are unable to participate, please understand that your junior lien will be extinguished upon the sale of the property. As a result, your lien will be discharged, and the purchaser of the property will assume ownership free and clear of any junior liens. To facilitate any further communication or address any concerns you may have, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. I would be more than willing to provide additional documentation or support during this process. Thank you for your attention to this matter, and I look forward to hearing from you soon. Sincerely, [Your Name] [Your Title/Position] [Your Company Name (if applicable)] Different Types of South Carolina Sample Letters for Notice of Sale to Junior Lien Holder: 1. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Residential Real Estate Foreclosure 2. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Commercial Real Estate Foreclosure 3. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Agricultural Property Foreclosure 4. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Industrial Property Foreclosure 5. South Carolina Sample Letter for Notice of Sale to a Junior Lien Holder in Vacant Land Foreclosure.