An involuntary sale of a property ordered by the court, usually after a judgment arising from a foreclosure. Unlike a strict foreclosure, this process has the court order a sale of the property to the highest bidder. The proceeds are used to satisfy the lien holders, with any remnants going to the mortgagor. For more information, see the "Everything You Want To Know About Foreclosures" article in the "Real Estate In-Depth" section.