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Updated over 1 year ago,

User Stats

103
Posts
26
Votes
Michael Morrongiello
Pro Member
  • Specialist
  • Napa, CA
26
Votes |
103
Posts

What Happens to the Sellers After the Non Judicial Trustee’s Sale-IF they remain (CA)

Michael Morrongiello
Pro Member
  • Specialist
  • Napa, CA
Posted

What Happens to the Sellers After the Non Judicial Trustee’s Sale- IF they remain in their home?
Property is in CALIFORNIA
Situation; Residential owner occupied home went to Trustee Sale and a 3rd party Bidder was the SUCESSFUL Bidder at the sale and awarded the home when they record their Trustee Sale Deed.

The Now Foreclosed owners are Still in poesession of the home and living there.

Q - What is the occupants status now considered? Squattters, Tresspassers, etc.
Q- In a NON Judicial Foreclosure process (Trustee Sale) do they former owners have any REDEMPTION RIGHTS?
Q- What rights does the NEW owner who just acquired title via the Trustes Sale have to GET THEM OUT?
     (already familar with a CASH for KEYS and poesession offer that can be made to the occupants)
So What else can be done?

  • Michael Morrongiello
  • Loading replies...