Sold to the Highest Bidder
The trustee’s acceptance of the final and highest bid from the successful bidder at a nonjudicial foreclosure sale.
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by ft Editorial Staff | Dec 22, 2020 | Feature Articles, Real Estate, Video | 0
The trustee’s acceptance of the final and highest bid from the successful bidder at a nonjudicial foreclosure sale.
Read Moreby ft Editorial Staff | Nov 10, 2020 | Feature Articles, Real Estate, Video | 0
The mechanics of a nonjudical foreclosure sale under the power-of-sale provision contained in a trust deed or other security device.
Read Moreby ft Editorial Staff | Aug 6, 2019 | Real Estate | 0
A licensed real estate broker violated both California Real Estate Law and the federal Sherman Antitrust Act by engaging in a practice of bid rigging.
Read Moreby Benjamin J. Smith | May 13, 2019 | Real Estate, Recent Case Decisions | 0
Citrus El Dorado, LLC v. Chicago Title Company Facts: A developer takes out a mortgage to fund...
Read Moreby Benjamin J. Smith | Feb 12, 2018 | Real Estate, Recent Case Decisions | 0
In the Matter of Spanish Peaks Holdings II, LLC Facts: A commercial landlord and a tenant enter...
Read Moreby Benjamin J. Smith | Nov 15, 2017 | New Laws, Real Estate | 0
The maximum fee a trustee may charge for the facilitation of a nonjudicial foreclosure sale has been increased.
Read Moreby Amy Thomas | May 9, 2016 | Buyers and Sellers, Feature Articles | 1
Distinguish between recourse and nonrecourse mortgage debt to determine the remedies available to homeowners and lenders in the event a homeowner defaults.
Read Moreby ft Editorial Staff | Dec 26, 2014 | Investment, Laws and Regulations, Real Estate, Recent Case Decisions | 0
When does an altered deed render subsequent transfers void?
Read Moreby ft Editorial Staff | Aug 26, 2014 | Forms, Mortgages, New Laws, Real Estate | 1
Postponement of trustee’s sale to be provided in writing Civil Code §2924 Amended by A.B....
Read Moreby ft Editorial Staff | Aug 15, 2014 | Charts, Mortgages, Real Estate | 0
An estimated 7,000 real estate owned (REO) properties sold in the second quarter (Q2) of 2014....
Read Moreby ft Editorial Staff | Apr 28, 2014 | Monthly Statistical Update, Real Estate | 0
NODs and trustee’s deeds stablize – for now; NODs to foreclosures: a bump on the horizon; REO resale volume awaits the rebound
Read Moreby ft Editorial Staff | Jan 28, 2014 | Monthly Statistical Update, Real Estate | 0
01-27-2014 Weekly Statistical Update; NODs down, temporarily; NODs to foreclosures: looking at the bottom; NODs and trustee’s deeds meander towards the floor; REO resale volume down – for now
Read Moreby Nicole Jessen | Oct 28, 2013 | Real Estate, Recent Case Decisions | 0
Facts: A distressed borrower applied for a loan modification under the Home Affordable...
Read Moreby Nicole Jessen | Oct 23, 2013 | Real Estate, Recent Case Decisions | 0
Facts: A distressed borrower applied for a loan modification under the Home Affordable Modification Program (HAMP). The lender prepared a trial period plan (TPP) stating the borrower will receive a permanent modification if they make trial modification payments and submit qualifying documents. The borrower successfully made all TPP payments and submitted the required documents but the lender denied the borrower a permanent loan modification and the home was later sold at a trustee’s sale.
Read Moreby Matthew Shade | Oct 21, 2013 | Laws and Regulations, Real Estate, Recent Case Decisions | 0
A homeowner obtained a loan secured by a trust deed naming Mortgage Electronic Registration System (MERS) as the beneficiary. The trust deed did not name a trustee.
Read Moreby Matthew Shade | Oct 17, 2013 | Laws and Regulations, Real Estate, Recent Case Decisions | 0
A homeowner defaulted on their loan and applied for a loan modification. The lender sent the homeowner a written denial of their loan modification application.
Read Moreby Matthew Taylor | Aug 21, 2013 | Real Estate, Recent Case Decisions | 0
When can a procedural misstep void a nonjudicial foreclosure sale?
Read Moreby ft Editorial Staff | May 1, 2013 | Market Watch, Mortgages, Real Estate | 0
Foreclosure sales dropped significantly in the first quarter of 2013 (Q1 2013). The number of real...
Read Moreby Carrie B. Reyes | Aug 21, 2012 | Feature Articles, Finance, Real Estate, Recent Case Decisions | 7
The highly contentious Mortgage Electronic Registration System (MERS) has made numerous courtroom appearances since its inception, the question for homeowners being: does MERS have the authority to initiate foreclosure?
Read Moreby Carrie B. Reyes | Aug 6, 2012 | Finance, Real Estate | 1
Foreclosures dropped significantly in the second quarter of 2012 — a good sign for the housing...
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