What other items other than liens should be looked at, and how, and where? Looking in an ad for auction, it says “beneficiary may elect to bid less than the total amount due”, what do they mean, and who is the beneficiary? If people are still living @ the property, how does the buyer take possession of the property since the ad claimes ” the sale in an ‘as is’ condition, without covenant or warranty, regarding title, possession or encumbrances to satisfy the “indebtness secured by said Deed of Trust, advances thereunder, with interest as provided, and the unpaid principal of the Note secured by said Deed of Trust with interest thereon as provided in said Note, pluse fees, charges and expenses of the Trustee and of the Trusts created by said Deed of Trust”? Looks like there are so many legal issues intended by this language in the ad that I like to know exactly what is involved? Also Is it O.K. to approach owners, and what should be offered?
All you title experts, lawyers, auction buyers can offer any idea’s how to buy auctions from newspaper ads? Any guidance on bidding on first or second mortgages?
Is beneficiary the Trustee? And why the lender does not bid again after the initial bidding?
Posted in Homes For Sale
Tagged auction, beneficiary, covenant, deed of trust, encumbrances, indebtness, possession, trustee, trusts, unpaid principal, warranty
I know these lists are free but the internet is flooded with scam government auction lists sites. I think the sites that have the government auction lists are listed by state and they tell what properties are for sale and what time the auction begins, etc. Can someone help?
Posted in Land For Sale
Tagged auction, Government, government auction, government land, Iists, internet, Land, land auctions, sale, scam, someone, State, time
My mother recently died and we wanted to put several paintings she bought up for sale but when the auction house came to give us the estimate on value they said that some of the paintings might have been stolen from Jews during world war 2 and now the Isralie government is starting all these processes and i have no clue what to do plz tell me what i should do the paintings are still in my possession but i dont have any idea what to do. They said they would stop if we agreed to pay these two different families equal compensation for the paintings but they want like 94 mill and we dont have any liquid assets all the money is in realestate, art and jewelrey plz help me
Posted in Homes For Sale
Tagged auction, auction house, clue, dont, estimate, house, jews, liquid assets, money, mother, paintings, Plz, possession, realestate, sale, value, WAR, world, world war 2