Deed of trust forclosure

---

Posted by Bill on August 26, 2003 at 11:42:11:

I have a deed of trust on a condo in California based on a loan that's in default to the home owner. If I start foreclosure what happens at the trustee sale. Do I have to come up with cash to bid on the property? If none one bids do I get the property. I know the home owner will not file bankrupsy. The first mortgage is only a couple of months behind.

Follow Ups:

• Re: Deed of trust forclosure - Nick(Colorado) 15:03:02 08/26/03 (0)

---

Name    : 


E-Mail  : 


Subject : 



Comments:




: I have a deed of trust on a condo in California based on a loan that's in default to the home owner. If I start foreclosure what happens at the trustee sale. Do I have to come up with cash to bid on the property? If none one bids do I get the property.  I know the home owner will not file bankrupsy. The first mortgage is only a couple of months behind.








Optional Link URL : 


Link Title        : 

If you press "Preview Message," you are taken to a preview screen where your
message is shown to you before allowing you to post it.
Your message is not finalized until you click "Post Message".

---

Foreclosures Section

Foreclosure Help

Foreclosure Investing

Real Estate Articles

Our Site Resources

Discussion Archives