Trutee Foreclousing twice


#1

A Trustee foreclosed and won the bid at the El Cajon steps. “Went back to bank”.

Now they are issuing another NTS with a brand new sale date.

Same loan number etc. Can the
trustee do this?


#2

First sale could have been rescinded and now the process is starting over (new NTS). That would be my guess.


#3

As DB said, above, this is not unusual. A bankruptcy was filed invalidating the sale, the loan was paid off at the last minute (unknown to the trustee), one dept. at the bank was working with the borrower to modify the loan while another dept. continued w. the fcl. etc. etc.