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Updated about 1 year ago,
URGENT - Advertising an Upcoming Trustee Sale
We own a Defaulted 1st lien DOT & Note on an income producing apartment building that is currently bringing in about $11K GROSS income per month. The property is GREAT shape and was renovated within the last several years. The DOT & Note was purchased at a discount from its lender who wanted out.
A Trustee Sale is scheduled and while the Trustee per State Statute had to publish in the past the NTS - Notice of Trustee Sale we would like to get FAR MORE EXPOSURE to entice potential bidders to show up at the upcoming Trustee Sale auction and BID.
Q- Can we RUN or publish ADs in Craigs List, Next Door, , etc. or other online areas (open to suggestions) and also run some PAID for
Ads in the local newspapers PROMOTING the upcoming Trustee Sale so we can GET a LOT of interest in the property?
Q- Since we are NOT the Trustee but now the Beneficiary (owner of the DOT & Note) Is there anything improper or potentially illegal in doing so?
TIME IS OF THE ESSENCE