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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: after sheriffs foreclosure auction.. Posted by Ward-CA- on June 10, 2001 at 8:56 PM In Reply to: after sheriffs foreclosure auction.. posted by sheela on June 10, 2001 at 6:40 PM : We mistakenly stood silent at a recent sherifs sale in which the only bidder was the "bank". Now they are awaiting "confirmation of sale" (date is 3 weeks from now)in order for them to become "legal owners" of the property so they can in turn sell this property. My question is ...Is there anyway this property can be purchased from orig. owners, or anyone at THIS point in time? : thanks for your help! : Sheela ========= Sheela, I answered this question on the TREL board as follows: ....... Sheela, what state are you in? We have no such "confirmation" in CA. If there were no outside bidders at a CA trustee's sale, then the lender's opening bid would be accepted by the foreclosing trustee and the lender would be the actual owner. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : We mistakenly stood silent at a recent sherifs sale in which the only bidder was the "bank". Now they are awaiting "confirmation of sale" (date is 3 weeks from now)in order for them to become "legal owners" of the property so they can in turn sell this property. My question is ...Is there anyway this property can be purchased from orig. owners, or anyone at THIS point in time? : : thanks for your help! : : Sheela : ========= : Sheela, I answered this question on the TREL board as follows: : ....... : Sheela, what state are you in? We have no such "confirmation" in CA. : If there were no outside bidders at a CA trustee's sale, then the lender's opening bid would be accepted by the foreclosing trustee and the lender would be the actual owner. Optional Link URL: Link Title: Optional Image URL: [ 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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