They fell behind and the 1st lien LENDER filed for NOD and NTS - Notice of Trustee sale and it went to the TRUSTEE SALE X-XX-2023 where the property was SOLD to a Third Party BIDDER for $375,000I assume under this SCENARIO - the 3rd PARTY bidder who purchased the property at the Trustee Sale Auction 8-23-2023 was buying the property involving the action being BROUGHT to the TRUSTEE SALE AUCTION  by the 1st lien DOT lender and that the SUBORDINATE $101,500 2nd lien Held by HUD may have received any (some) OVER BID funds but utilmately was WIPED OUT at the Trustee sale Auction...Thus their 2nd lien Goes away...Do not believe that the SUBORDINATE DOT lien to HUD survives the Trustee Sale unless they BID to protect their juinor lien interest.

We recently bought on an auction a condemned 6-unit property (7200 sql) in Slavic village.

Hello all, I was recently informed that i can hold an auction for my assignment contract.

My realtor has suggested selling at auction, all three on the same auction date.She said I can set a minimum price which will not be posted on the auction site.Any thoughts from someone who has gone this route to sell their properties?

There were over 60 units vacant for some time and were only able to unload half at a public auction, leaving another 30 units vacant.I bought one unit for my sister as an owner occupied unit with her bidding at the auction.

I'm currently attending a weekend info session , pre buy process and auction with Dustin Hahn's group.

The only way the seller is getting the property back is if they (1) recorded a mortgage/deed of trust in connection with the subject-to transaction, (2) properly foreclose on that lien, and (3) become the high bidder at the auction sale.

Section 8, BRRRR's, tax auctions, self-management, buying with tenants, dealing with bad contractors, PM's, you name it.I'm very open about my journey and happy to share resources with you before you invest.

That might be directly from a seller or a wholesaler or from some kind of auction. 2.

A most grievous error.Unable to sell on MLS, now going to auction with no reserve.