Stop Foreclosure in Milwaukee WI — Sell Before the Monday Sheriff Auction

How Judicial Foreclosure Works in Milwaukee County

Wisconsin requires judicial foreclosure — the lender must file in Milwaukee County Circuit Court (901 N. 9th Street, Milwaukee WI 53233). After the court enters a judgment of foreclosure, Wisconsin law provides a redemption period. Under Wis. Stat. §846.101, for owner-occupied one-to-four-family residential properties with mortgages executed on or after April 27, 2016, the redemption period is typically 3 months if deficiency is waived, or 6 months if not. After the redemption period, a Milwaukee County sheriff real estate auction is scheduled. These auctions occur every Monday morning; foreclosure sales are posted in the lobby of the Criminal Justice Facility at 949 N. 9th St., Milwaukee.

Milwaukee homeowners facing pre-foreclosure have a particular challenge: the city's older duplex and multifamily stock — German duplexes, Cream City brick buildings, and pre-war housing in Bay View, Sherman Park, and Riverwest — is exactly the stock that's hardest to sell quickly through traditional channels. A cash offer gets you out of the foreclosure process entirely.

Milwaukee also has a separate city tax foreclosure process under an in-rem proceeding for unpaid property taxes. If property taxes go unpaid past August 31, a two-year redemption period begins; after that the City of Milwaukee may proceed with in-rem foreclosure. Source: Wisconsin Law Help.

FAQs — Foreclosure in Milwaukee WI