DO YOU HAVE CASH BUYERS AND INVESTORS?

Trustee’s Sale

Instant equity when purchased right.

QUALIFYING
All Funds must be in a form of a Cashiers Check made payable to themselves. Your funds must be qualified prior to the properties are announced (Cried Out) Common practice is to have checks made payable to you. Have large checks to cover most of the expected bid, with smaller checks to cover increases in the bidding.

BIDDING
Opening Bids are available shortly before the sale, this can range from the day before up to the actual time of sale. When a bid is available, there is a good probability the property will be going to sale instead of postponing or canceling. Be aware that published bid amounts will differ from the actual bid amount at the sale. Sometimes they will be slightly higher to cover actual costs and sometimes the lender will reduce a bid making a property an attractive purchase.

The Auctioneer will state the Sale is being made without covenant or warranty, expressed or implied regarding title, possession, condition, or encumbrances to satisfy a debt on this deed of trust. The opening bid will be announced on behalf of the Beneficiary and being sold in an as is condition referencing the Ts # (Trustee Sale No.) Parcel Number, Address and legal description. The bidding amount usually starts with 1 cent over the opening bid, then will go at $100.00 increments and higher depending on the interest of that property. Then sold to the highest bidder. The property will not sell until the auctioneer announces the third and final call. Then there will be no further bidding.

SUCCESSFUL HIGH BID
If you are the successful bidder, you will endorse the checks payable to the Trustee . You will be given a receipt for the purchase. At that time you will be asked how title will be held. The Trustee will draw the Trustee’s Deed and send it to you for recordation approximately 5 to 10 days. Along with any overages paid at the trustee sale. You will be responsible for recording, paying transfer tax and recording fees at that time. Be sure to bring your receipt of your purchase to the recorder.

INFORMATION IS EVERYTHING
Up to date accurate information is essential for purchasing at the Trustee Sale. As there are risks involved in purchasing at the Trustee Sale…Contact me today to find out how to get daily information of the properties going to sale and the lien report.

DO YOU HAVE CASH BUYERS AND INVESTORS?

Trustee’s Sale

Instant equity when purchased right
.

QUALIFYING
All Funds must be in a form of a Cashiers Check made payable to themselves. Your funds must be qualified prior to the properties are announced (Cried Out) Common practice is to have checks made payable to you. Have large checks to cover most of the expected bid, with smaller checks to cover increases in the bidding.

BIDDING
Opening Bids are available shortly before the sale, this can range from the day before up to the actual time of sale. When a bid is available, there is a good probability the property will be going to sale instead of postponing or canceling. Be aware that published bid amounts will differ from the actual bid amount at the sale. Sometimes they will be slightly higher to cover actual costs and sometimes the lender will reduce a bid making a property an attractive purchase.

The Auctioneer will state the Sale is being made without covenant or warranty, expressed or implied regarding title, possession, condition, or encumbrances to satisfy a debt on this deed of trust. The opening bid will be announced on behalf of the Beneficiary and being sold in an as is condition referencing the Ts # (Trustee Sale No.) Parcel Number, Address and legal description. The bidding amount usually starts with 1 cent over the opening bid, then will go at $100.00 increments and higher depending on the interest of that property. Then sold to the highest bidder. The property will not sell until the auctioneer announces the third and final call. Then there will be no further bidding.

SUCCESSFUL HIGH BID
If you are the successful bidder, you will endorse the checks payable to the Trustee . You will be given a receipt for the purchase. At that time you will be asked how title will be held. The Trustee will draw the Trustee’s Deed and send it to you for recordation approximately 5 to 10 days. Along with any overages paid at the trustee sale. You will be responsible for recording, paying transfer tax and recording fees at that time. Be sure to bring your receipt of your purchase to the recorder.

INFORMATION IS EVERYTHING
Up to date accurate information is essential for purchasing at the Trustee Sale. As there are risks involved in purchasing at the Trustee Sale…Contact me today to find out how to get daily information of the properties going to sale and the lien report.