If you are going to try to buy the property at the trustee sale, you need to bring cashiers checks for the full amount. There is a lot of competition at the trustee sales and expect to get the property for no more than 10 to 20% less than you would buy it retail.
Or, you can have an agent like me do the leg work for you. http://www.BillBoyd.com
I CAN RESEARCH THIS INFORMATION AND DIRECT YOU SHOULD THIS HOME BE GOING TO SALE SOON AND THE PROCEDURES YOU WILL NEED TO TAKE TO PURCHASE.
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It is interresting that most of the responses from agents are looking to give you options where they make a commission. If the house you are interrested in is going to foreclosure then you want to go to the trustee sale. Auction sites and properties on the market are probably not going to be your best deals. There is always a mark up. If you want a foreclosure home at wholesale prices you need to go to the trustee sale. I have bought property for myself and for client this way for many, many years. The best deals are at the trustee sales. It does require cash and most agents are not all that familiar with trustee sales because there is usually no commissions on trustee sales. If you want to know more call or email me anytime. I can tell how to do it step by step and I am happy to do so free of charge.
Thanks for the question,
Silver Creek Realty
Tony Lewis RE/MAX of Valencia
If you plan to buy at auction, by the way, be sure you have CASH. Sales at the courthouse are always cash sales. If you require a loan to make your purchase, and the home does not sell at auction, you will likely have an opportunity to purchase it as an REO sale on the open market soon after.
If you give me the address, I will be happy to reach out to the owner to see if they are open to a short sale.
Thanks for your time and I look forward to your reply.