Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago,

User Stats

74
Posts
3
Votes
Bruce M.
  • Canyon Lake, TX
3
Votes |
74
Posts

Ok, you won the auction....now what

Bruce M.
  • Canyon Lake, TX
Posted

If at a trustee auction you do bid and win, what's next.
My understanding is that the trustee gives you a special title which is from the lender which reports that the lender has released its claim on the property. Right?

So what is next? Do you then take the special title to a title company or do you just go to the recorders office and record it....or does the trustee do this?
Is there some subset of escrow with a trustee sale??

Thanks,

Loading replies...