ARCUS foreclosed on the property, and it was sold at a trustee's sale
on March 11, 2011, where ARCUS credit bid successfully for $1,502,686.30--a fraction of the total indebtedness of $4,029,718.99.
However, lenders should be aware of at least one pitfall that can be encountered under the act when a lender assumes the value of its bid at the trustee's sale
is of no legal significance.
Mortgage servicers have a partial safe harbor--they can remedy material violations before the trustee's sale
deed is recorded.
In a nonjudicial foreclosure, the lender issues a notice of default to the borrower and, after a waiting period of almost four months, may sell the property at auction (trustee's sale
The 'Thriller' singer's three-bedroom, three-bathroom property in Encino had been scheduled to be sold at a public auction on May 5, according to A Notice of Trustee's Sale
Financial Title filed the notice of trustee's sale
yesterday with Santa Barbara County Superior Court, setting the auction date for March19.
Financial Title Co filed the notice of trustee's sale
with Santa Barbara County Superior Court, setting the auction date for March 19.
filed the notice of trustee's sale
today with Santa Barbara County Superior Court, setting the auction date for March 19.
Several consignors objected to the Trustee's sale
of their consigned goods.
Could a trustee's sale
of property previously acquired in a related-party installment sale trigger the deferred gain to the original related seller?
The data offered in these states includes notice of default, notice of trustee's sale
, trustee s deed upon sale and real estate- owned (REOs).
In this case, the trustee's sale
of the property was not only for the debtor's benefit, but also for the benefit of creditors.