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Understanding Why Banks Offer Lower Amounts at Trustee Foreclosure Sales
An article from the perspective of the foreclosing lender "Avoiding the $475,000 Mistake – Entering the Credit Bid By John L. Hosack and Joffrey Long Finally! The delays are over and your foreclosure is going to sale. The trustee asks for bidding instructions. The grand total owing on your loan (a first trust deed) is $575,000. The value of the property is $500,000. Would you open the bidding at $575,000? It could be a big mistake. Surprisingly, many otherwise sophis
Janine Ayres
May 174 min read
JANUARY 2024 - MH RENT LIEN AUCTIONS
As of 1/2/24; There are 14 auctions published for January 2024. In 13 parks in the Las Vegas Valley. Units range from single wide to...
Janine Ayres
Jan 3, 20241 min read
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