Asked by Andy7, 75002 • Tue Aug 11, 2009
If a Notice of Substitute Trustee Sale was issued and an auction was held on Aug-4.
What does this mean?
Does it mean that if the auction was successful, the new owner will either ask the tenants to move out or stay under the new contract?
And if the auction was not successful, will the mortgage company try to get the tenant out so that it can list the house?
What are the chances that a mortgage company will allow the tenant to stay with a new lease?
Please help me understand the options.
Real Estate in Allen
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