Laws: Cases and Codes : U.S. Code : Title 12 : Section 3761


   
U.S. Code as of: 01/19/04
Section 3761. Foreclosure costs

      The following foreclosure costs shall be paid from the sale
    proceeds before satisfaction of any other claim to such sale
    proceeds:
      (1) Advertising and postage
        Necessary advertising costs and postage incurred in giving
      notice pursuant to sections 3758 and 3760 of this title.
      (2) Mileage
        Mileage (determined by the most reasonable road distance) for
      posting notices and for the foreclosure commissioner's or
      auctioneer's attendance at the sale, as provided in section 1821
      of title 28.
      (3) Title and lien search
        Reasonable and necessary costs incurred in connection with any
      search of title and lien records.
      (4) Recordation fees
        Costs incurred to record documents.
      (5) Commission
        A commission for the foreclosure commissioner (if the
      foreclosure commissioner is not an employee of the United States)
      for the conduct of the foreclosure, to the extent such a
      commission is authorized by the Secretary.



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