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What else can I help you with?
Where can one purchase trustee for sale?
One can purchase trustee sale, such as foreclosure property. One important thing to note about buying the trustee sale, it is a cash only type of purchase.
What happens to the property if a property does not sell at the auction or Trustee's Sale?
If a home does not sell at auction it goes back to the trustee....(The bank / Lender). Typically the property transfers back at the starting bid...so in actuality it did indeed sell.
What is a tiered bid at a trustees sale?
It's when the trustee opens the bid at one price but is willing to keep bidding to a higher amount on behalf of the bank.
What does N.O.T.S. stand for?
Notice of trustee sale
How do you stop a trustee's sale in two days?
You can pay the entire amount of the deed of trust (plus interest and costs) in full, stop the sale with a lawsuit, or negotiate with the bank or lender ordering the trustee's sale to discontinue it. Foreclosure affects everyone. California is a "Trustee Foreclosure State". The informality of non-judicial foreclosures, futile loan modifications, and the lightning speed of post-foreclosure evictions have created an atmosphere of desperation for the homeowner. Furthermore, the complex legal environment is in flux, plagued with misinformation, and riddled with false silver bullets such as "produce the original Note." With your sale date fast approaching, it is important for you to know your options: 1) Declare a bankruptcy for the purpose of delaying the sale (or you may to go through with it ) 2) File a civil action and get a Temporary Restraining Order. 3) Develop a pro-active foreclosure litigation strategy - We will provide you with invaluable knowledge and tactics which will turn you into a foreclosure litigating lion who is not afraid to go toe-to-toe with the Bank. 4) Challenge/Subpoena the Trustee - Trustee Sale Verification
Is property sold to the highest bidder at a trustee sale?
auction
How long do you have to move out of your house after a trustee sale in Arizona?
you have 3 days unless you negotiate with the new owners. Also, moving after the trustee sale is tricky because essentially everything in the home now belongs to them. It's smarter to move out before the sale.
What is TS number?
I believe it stands for the "Trustee Sale" number of a foreclosure.
How long after a trustee sale does a tenant have to vacate in california?
30 days
Does trustee have permission to sell your fathers house without beneficiary consent?
It depends on the terms outlined in your father's trust. If the trust grants the trustee the authority to sell the house without beneficiary consent under certain circumstances, then the trustee can proceed with the sale. However, if the trust requires beneficiary consent for the sale of the house, then the trustee would not have the authority to sell it without that consent.
What happens after trustee sale?
After a trustee sale, the property is typically sold to the highest bidder, which may be the lender or another buyer. The new owner receives a trustee's deed, transferring ownership. If the borrower still occupies the property, they may face eviction proceedings. Additionally, the borrower might be liable for any remaining mortgage balance if the sale price was less than the owed amount.
What is a trustee sale?
A trustee sale is a public auction of property that occurs when a borrower defaults on a mortgage, allowing the lender to recover the owed amount. The property is sold by a trustee, who is typically a third-party entity appointed to handle the sale, and the proceeds are used to pay off the outstanding loan balance. This process is often part of a non-judicial foreclosure, meaning it doesn't require court intervention. The winning bidder at the auction receives a trustee's deed, transferring ownership of the property.
