Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply

Do you buy Trustee's ? If Yes .....
Hello guys,
I have a question so I was after a property for a while now, I was sending mailers and got a call back but within 1 week someone purchased the property on a "trustee" ? I am confused they also purchased it for about 30-32 cents to the dollar. The property never showed it was going to be auction off. Is there something I am missing ?
I have seen multiple of these sales, these homes are not auctioned off or anything. and being purchased way below market value. Does anyone know about this ?
I have attached image so you can see the transaction history and deed type.

