Civil Process/Foreclosures

2017 Wisconsin Act 339

846.155 Eligible bidders at foreclosure sales; affidavit required for confirmation; penalties for false representation

(2) Minimum Bidder Qualifications. No 3rd-party bidder may submit a bid at a sale of mortgaged premises unless the 3rd-party bidder meets all of the following qualifications:

(a) The 3rd-party bidder does not own an interest in property in this state against which taxes have been levied that are more than 120 days delinquent.

(b) The 3rd-party bidder is not directly or indirectly owned, managed, or controlled, in whole or in part, by a person that owns an interest in property in this state against which taxes have been levied that are more than 120 days delinquent.

(c) The 3rd-party bidder does not directly or indirectly own, manage, or control, in whole or in part, an entity that owns an interest in property in this state against which taxes have been levied that are more than 120 days delinquent.

(d) No judgment against the 3rd-party bidder related to a violation of a state or local building code with respect to property in this state has been rendered that is unsatisfied.

(e) No judgment against a person that directly or indirectly owns, manages, or controls, in whole or in part, the 3rd-party bidder related to a violation of a state or local building code with respect to property in this state has been rendered that is unsatisfied.

(f) No judgment against an entity directly or indirectly owned, managed, or controlled, in whole or in part, by the 3rd-party bidder related to a violation of a state or local building code with respect to property in this state has been rendered that is unsatisfied.

(g) In submitting a bid at the sale, the 3rd-party bidder is not acting on behalf of or as part of an agreement with a person that does not meet the qualifications described in pars. (a) to (f).

Date/Time

All Sheriff Sales are conducted at 10 a.m. on Thursdays of each month (unless otherwise posted).

Place

The Main Lobby of the Walworth County Sheriff’s Office
1770 County Trunk NN
Elkhorn, WI 53121

Payment Notice

• A 10% down payment in the form of certified funds or cash is required at the time of the sale of the foreclosed property.
• The down payment must be paid to the Walworth County Clerk of Courts.
• Payment must be made in cash or by certified bank check. Personal checks cannot and will not be accepted.
• Suggestion: Have certified funds in the amount of 10% of what you intend to be your maximum bid with you on the day of the sale.

Effective immediately, we will only accept Civil Process paperwork for service at the front desk of the Sheriff’s Office, Monday through Friday from 8 a.m. to 4 p.m, with the exception of Restraining Orders which we will accept anytime. You may mail papers with payment if you cannot drop them off during the specified times. Payment must accompany paper service requests (except for restraining orders - we do not charge a fee to serve these).