Yes you read that right! Trustee sales are the single most dangerous way to buy real estate in San Mateo County, BUT they can also be the most profitable.
What is a Trustee Sale?
A trustee sale is a public, open auction of the Trust Deed (loan being foreclosed) due to a borrower’s non-payment of the loan payment. Trustee sales (sometimes called “buying on the courthouse steps” or “sheriff’s sales”) can be very profitable for the buyer who is willing to accept the risks associated with buying them.
Trustee Sales Considered By Most Experts to Be a Legal Mine Field
Bottom line – trustee sales are complex, complicated and considered by most experts to be a legal mine field. There is much more to learn and a lot more to know before you bid.
If you’re intrigued, sign up for this webinar with Raymond Stoklosa, Managing Broker and Co-Owner of The RayChel Realty Group in San Mateo.
Topics Raymond Will Cover:
In this non-salesy, education based seminar, we’ll discuss
- What is a trustee sale?
- Who should consider buying one
- What to expect when buying one
- The risks associated with buying trustee sales
Cost
The RayChel Realty Group is dedicated to consumer protection and host free real estate webinars and classes to inform, educate and empower home buyers and home sellers in all price ranges. We don’t charge for our educational, non-salesy webinars or classes, but do ask if you enjoyed the program you tell a friend and help us spread the word.
Registration Information
To register for this free webinar on Tuesday November 17th at 6pm click on the Sign Up button below.
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Raymond Stoklosa, Broker/Co-Owner
Chela Stoklosa, Realtor/Co-Owner
