Thursday, December 11, 2008

Trustee Sales

It's NOT just a job, it's fun, exciting, it's get the blood boiling...Trustee Sales. Arizona is flooded with properties that are reverting back to the lender through a trustee sale. I have been so lucky to work with a few CA investors and we have been hitting the Trustee Sales and have landed quite a few properties.



The basic requirements for bidding at a trustee sale is:

1. $10,000.00 Cashiers check

2. Ability to pay cash for property by 5 p.m. the next day. (if you are the successful bidder but unable to close transaction by 5 p.m. the next day - $10,000.00 will be forfeited)

3. Nerves, stress and excitement exist while standing on the steps of the courthouse. As the caller, quietly calls the sale, you strain to hear the number you came to bid on. Some are not cut out for all this excitement.

If that is you, please do not hesitate to contact me, I have worked with many investors interested in purchasing a property through a trustee sale.

Finding a home which is being foreclosed upon that is in first position is half the battle, I have many resources available which streamline this process. There are many things you must be aware of before you buy one of these properties - a professional Realtor like myself makes the process easier.

Linda 602-391-8246 AZhomes4u@gmail.com

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