Blog

Sep
01
What are Trustee Sales?

Here at DMV Probate Group, we know how to assist you in a trustee sale. The Trustee Sale includes the presale, sale, stipulations, and bidding. Here is our current blog which will address all the steps in a trustee sale.


A presale is called 90 days before the sale of the property. The owner has 90 days to try to get his financial situation in order. This gives the owner 90 days to get caught up.


A trustee sale occurs once a homeowner is in default on his mortgage and is in foreclosure. The highest bidder at the trustee sale will become the owner of the property. This is a great opportunity to find a great deal. This is the time for possible bidders to strategize the best ways to buy the proper...


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