So the usual way to find out if the opening bid will be discounted from the published bid is to attend the auction? This is unfortunate as one would spend much time and money to research the value & title and take time to attend auctions hoping that the trustee will discount the bid. But if the opening bid is not discounted, then the time and money spent are wasted, right? Can an investor get info on the discounted openining bid prior to researching the properties so they can weed out the god from the bad? Or, is this impossible since the trustees don’t know say anything until the day of the sale?
Finally, I plan to invest in CA and NV. Is this the same situation for both states?