Home › Forums › Closed Forums › Buying and Selling RE › Trustee sale vs REO date
- This topic has 50 replies, 5 voices, and was last updated 16 years, 3 months ago by
jimklinge.
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August 26, 2008 at 12:22 PM #13668August 26, 2008 at 9:26 PM #262212
SD Realtor
ParticipantE this is a good question. I will email Jim and ask him. If he doesn’t know I will check with a title officer.
August 26, 2008 at 9:26 PM #262415ParticipantE this is a good question. I will email Jim and ask him. If he doesn’t know I will check with a title officer.
August 26, 2008 at 9:26 PM #262424ParticipantE this is a good question. I will email Jim and ask him. If he doesn’t know I will check with a title officer.
August 26, 2008 at 9:26 PM #262475ParticipantE this is a good question. I will email Jim and ask him. If he doesn’t know I will check with a title officer.
August 26, 2008 at 9:26 PM #262513ParticipantE this is a good question. I will email Jim and ask him. If he doesn’t know I will check with a title officer.
August 27, 2008 at 2:55 AM #262332toddt
ParticipantThis particular property looks to have delayed the public sale until 7/23, with Jim’s public records service picking it the reverting to First Federal on 7/30. The 4/3 date is just the date published on the Notice of Trustee Sale, which is legally the earliest it could happen.
It is not uncommon at all for a trustee sale to delay many times. Lenders try to meet the timeline minimums on filings for legal reasons, but very rarely get properties through the process that quickly.
Sometimes it’s a week at a time, sometimes a month or more, as lenders try to work out all the needed assignments and legal documentation, deal with bankruptcies, and, in the current climate, “hope” that somehow the home will sell or the borrower will cure.
August 27, 2008 at 2:55 AM #262634ParticipantThis particular property looks to have delayed the public sale until 7/23, with Jim’s public records service picking it the reverting to First Federal on 7/30. The 4/3 date is just the date published on the Notice of Trustee Sale, which is legally the earliest it could happen.
It is not uncommon at all for a trustee sale to delay many times. Lenders try to meet the timeline minimums on filings for legal reasons, but very rarely get properties through the process that quickly.
Sometimes it’s a week at a time, sometimes a month or more, as lenders try to work out all the needed assignments and legal documentation, deal with bankruptcies, and, in the current climate, “hope” that somehow the home will sell or the borrower will cure.
August 27, 2008 at 2:55 AM #262536ParticipantThis particular property looks to have delayed the public sale until 7/23, with Jim’s public records service picking it the reverting to First Federal on 7/30. The 4/3 date is just the date published on the Notice of Trustee Sale, which is legally the earliest it could happen.
It is not uncommon at all for a trustee sale to delay many times. Lenders try to meet the timeline minimums on filings for legal reasons, but very rarely get properties through the process that quickly.
Sometimes it’s a week at a time, sometimes a month or more, as lenders try to work out all the needed assignments and legal documentation, deal with bankruptcies, and, in the current climate, “hope” that somehow the home will sell or the borrower will cure.
August 27, 2008 at 2:55 AM #262544ParticipantThis particular property looks to have delayed the public sale until 7/23, with Jim’s public records service picking it the reverting to First Federal on 7/30. The 4/3 date is just the date published on the Notice of Trustee Sale, which is legally the earliest it could happen.
It is not uncommon at all for a trustee sale to delay many times. Lenders try to meet the timeline minimums on filings for legal reasons, but very rarely get properties through the process that quickly.
Sometimes it’s a week at a time, sometimes a month or more, as lenders try to work out all the needed assignments and legal documentation, deal with bankruptcies, and, in the current climate, “hope” that somehow the home will sell or the borrower will cure.
August 27, 2008 at 2:55 AM #262595ParticipantThis particular property looks to have delayed the public sale until 7/23, with Jim’s public records service picking it the reverting to First Federal on 7/30. The 4/3 date is just the date published on the Notice of Trustee Sale, which is legally the earliest it could happen.
It is not uncommon at all for a trustee sale to delay many times. Lenders try to meet the timeline minimums on filings for legal reasons, but very rarely get properties through the process that quickly.
Sometimes it’s a week at a time, sometimes a month or more, as lenders try to work out all the needed assignments and legal documentation, deal with bankruptcies, and, in the current climate, “hope” that somehow the home will sell or the borrower will cure.
August 27, 2008 at 7:53 AM #262654Eugene
ParticipantOkay, bad example.
756 Agua Vista, 91914
Sale date: 5/2/08 (confirmed by ForeclosureRadar)
REO date: ???August 27, 2008 at 7:53 AM #262615ParticipantOkay, bad example.
756 Agua Vista, 91914
Sale date: 5/2/08 (confirmed by ForeclosureRadar)
REO date: ???August 27, 2008 at 7:53 AM #262563ParticipantOkay, bad example.
756 Agua Vista, 91914
Sale date: 5/2/08 (confirmed by ForeclosureRadar)
REO date: ???August 27, 2008 at 7:53 AM #262556ParticipantOkay, bad example.
756 Agua Vista, 91914
Sale date: 5/2/08 (confirmed by ForeclosureRadar)
REO date: ??? -
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