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Foreclosure in Pacific Palisades : Real Estate Advice

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  • Local Info3
  • Home Buying14
  • Home Selling2
  • Market Conditions9

Activity 2
Mon Jul 2, 2012
Lena Samigoullina answered:
Yes, anyone can attend. If you're planning on bidding on a property, you need to bring cashier checks with you and register at the action with your ID and show your cashier checks at the registration. You need to do some homework prior to attending. Drive by the property, call a title rep to check if there any leans or delinquencies, and check the accurate public records about the property. Ones at the action, you buy the property as is and take responsibility for everything it comes with. Be prepared that the property you want to buy that day will get postponed and will not be auctioned of that day.

Good luck!

Lena Samigoullina
dre# 01387227
Keller Williams Realty Westside
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Wed Mar 29, 2017
Carl answered:
Trustee sale means that someone has been appointed to handle the sale of the home on someone else's behalf. This is very common when someone passes away. The term is also telling you that the home will most likely be sold AS-IS. This means that the seller does not have intimate knowledge of the home. The seller/trustee does not know if there is a leaky roof or how old the water heater is....those kinds of things.

Best wishes for your home search!

Best wishes for your home seach!
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