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Updated about 8 years ago,

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2
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Matt Lindsey
  • Temecula, CA
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2
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Public Auctions in San Diego

Matt Lindsey
  • Temecula, CA
Posted

I noticed that a home in my neighborhood had some papers on the doorway. It was a notice of sale stating that this home is being sold at a public auction in San Diego. The tenants haven't lived there in a long time and it says they're in default under a deed of rust or mortgage. It says on the paper that the "total amount due in the notice of sale" is just over $56K. I have no experience when it comes to public auctions. Are they allowed to auction it off for how ever much they want or do they start at $56K and go from there? Thanks for the help!