on a trustee sale do i have to take all cash the day of the bidding or can I look for financing ?


#1

do i have to bring all cash for a trustee sale to the auction or can i look for financing after I win the bid. ?


#2

You must pay in full (and in cash/certified funds) at the time of the sale. You will be obligated to show that you have the ability to pay on the spot before you are allowed to bid. We have an excellent training video on how to buy at trustee sale on our Foreclosuretruth.com blog. You can also click on the following link http://www.foreclosuretruth.com/blog/sean/video-foreclosure-auction-guide/


#3

Hello Rafael,
We provide private capital as debt financing for properties acquired at foreclosure auctions, as well as short sales and REO’s purchases. Give me a call or email me to discuss the various options, should that be something you are looking for.

Take care,
David
805.484.7800 ext. 2, or david@minerscapitalinc.com