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Foreclosure Forum |
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Opportunity at Trustee SaleWard, while following many properties to the Trustee Sale on a foreclosing 1st, most 2nd's are bidding at the sale up to almost the full value of the property. How do I find opportunity in today's over mortgaged homes where the junior mortgages are reluctant to forfeit their loans and simply forget to come bid at the sale? Should I only be chasing properties with enough equity beyond the junior mortgages at the TS? It feels like I'm spinning my wheels. Please help. Thank you. -- Steve (in Calif).
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