In both types of Mortgage Foreclosure Sales, the sale is conducted by the Sheriff, or his designee, in an open bidding process. Sales are conducted Tuesdays and Thursdays at 10 a.m. in the lobby at the southwest entrance of the Law Enforcement Center at 301 South Fuller Street in Shakopee. The mortgage company’s or plaintiff’s attorney will open the bid with the exact amount due at the time of the sale.
Following the bid, other bidders are given an opportunity to bid. A successful bidder must have cash or certified funds (payable to the Scott County Sheriff’s Office) available to pay the Sheriff’s Office at the time of the sale.
Certificate of 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.
All mortgage foreclosure sales are subject to a redemption period, usually 6 or 12 months. The length of the redemption period is noted in the sale notice.
The Scott County Sheriff’s Office does not provide a list of sales.
Laws and rules of civil procedures control how each sale is handled. The Sheriff acts as a third party/auctioneer under statute to facilitate these sales.
Sales May Not Always Happen
Just because sale notices are published and/or posted, the sale may not happen for a variety of reasons. For example, the sale may not occur if:
A representative of the mortgage company is not present
The loan is reinstated
Bankruptcy is declared
For some other reason acceptable per civil process law
Sales may be cancelled right up to the moment the sale is scheduled to occur.
You can request a list of past sales showing date of sale and document numbers at our Civil Process Unit. This will allow for easier access when searching Scott County Land Records.
Please note: The Sheriff’s Office only executes sales. It is not the lien holder forcing the actions. If you need legal advice, contact an attorney. Our office is not permitted to provide legal advice nor can we recommend any specific attorney.