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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Trustee Auction .. By Whom??? Posted by Jerry - Ca. on April 21, 2008 at 2:58 PM In Reply to: Trustee Auction posted by Keith on April 19, 2008 at 5:14 PM Hello Keith: Forgive me if I'm misreading what you are saying in your post. It appears that you're the Trustor/borrower on the notes in question. If that is correct ... I don't believe that you have any say or input as to what amount the foreclosing lender(s) set for the opening bid. You did say "Trustee Sale/Auction" didn't you? Jerry-Ca. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX : How much profit does it take to make a bidder interested? : I have a 2nd of 25k going to sale on a property that : has comps in high 300's low 400's.. the property is in : average shape.. : 1st payoff is 344k as of 3/3/2008 : the monthly payment is 2.7k including late fee, taxes, escrow.. : in your opinion.. is there any chance of getting any bidders? : would it be better to lower the opening bid? : thanks, : -keith Follow Ups: Re: Trustee Auction .. By Whom??? Keith 10:04 PM, 04/21/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hello Keith: : Forgive me if I'm misreading what you are saying in your post. It appears that you're the Trustor/borrower on the notes in question. If that is correct ... I don't believe that you have any say or input as to what amount the foreclosing lender(s) set for the opening bid. : You did say "Trustee Sale/Auction" didn't you? : Jerry-Ca. : XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX : : How much profit does it take to make a bidder interested? : : I have a 2nd of 25k going to sale on a property that : : has comps in high 300's low 400's.. the property is in : : average shape.. : : 1st payoff is 344k as of 3/3/2008 : : the monthly payment is 2.7k including late fee, taxes, escrow.. : : in your opinion.. is there any chance of getting any bidders? : : would it be better to lower the opening bid? : : thanks, : : -keith [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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