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Judicial foreclosure routine

Posted by Ward-CA- on April 27, 2003 at 4:39 PM

In Reply to: Re: Friendly foreclosure posted by zachary on April 27, 2003 at 10:43 AM

: Ward,

: thanks for the reply!
: 2 quick questions:

: If there is only a first and it is paid current and has been the entire life of the loan, then how are they going to be able to aquire that trust deed?
: Also I guess I need to look into judicial foreclosures more...but is there no auction set for this?

: thanks,

: Zachary

=•=•=•=•=•=•=•=•=•=•=

Zachary,

People buy and sell performing trust deed loans all the time.

Judicial foreclosure auction dates are set by posting to a public bulletin board and advertised in an adjudicated newspaper, but no one is reporting them to the public.


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