what does it mean when your house is sold to foreclosing beneficiary?

Asked by Neely, North Highlands, CA Thu Apr 14, 2011

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Oggi Kashi’s answer
Oggi Kashi, Agent, San Francisco, CA
Fri Apr 15, 2011
Neely

Are you searching for a specific property that was foreclosed? You can ask a local realtor to monitor the address and notify you immediately when the bank puts it on the market for sale.

Oggi Kashi
Paragon Real Estate Group
CA DRE 01844627
Web Reference:  http://www.oggikashi.com/
0 votes
Hugo & Andre…, Agent, Chula Vista, CA
Thu Apr 14, 2011
Hi Neely,
The way your question was posted does not lets me know much of what you are looking for.
Sold to foreclosing beneficiary means the property was sold back to the bank (lender) that had the property.
The question needs to be more specific in order to be able to answer it correctly.
Was this your home and you are looking to see what is going to happen next?
Le t me know so I can help you put better.
Thanks good luck.
Hugo
0 votes
Jonathan Katz, , Calabasas, CA
Thu Apr 14, 2011
Sold to the bank. You should contact their REO Department.
Web Reference:  http://www.acgnow.com
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