California Foreclosure ProcedureJudicial Foreclosure Available: Yes Non-judicial Foreclosure Available: Yes Non-judicial Sale Typically, a title insurance company is named as the trustee to arrange the sale of the real estate.

Has anyone had any luck with being able to use their title company of choice when purchasing REO's?

We're ordering preliminary title work today to uncover where they stand with notes.

Title is often transfered that day, can't do that with financing contingencies.HML or private financing may be an option.

If you plot a graph of the number of peak earners vs. the stock market, you'll see that the two are almost identical.

I find it very nice being able to find a great deal (yes, they can still be had on the MLS), do my own negotiations, schedule my own closings with the title company of my choice, AND earn a commission on top of it.

That is why my title referenced me being a newbie preparing to be schooled.

An REC or a Memorandum of REC is recorded giving equitable title to the buyer, but no deed is recorded until the contract is paid in full.

Make it shine inside, impeccably clean, fresh paint, new carpet if stained or worn.Have it professionally staged, this has made a huge difference in the time on market for my properties.Don't worry about selling from a distance, your Realtor and Title Co. will help you through it.

Do we file it at the courthouse or give it to title company or what?