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Uploaded on Jan 27, 2010
In less than ten minutes, learn the basics of how a trustee sale foreclosure auction works.
•How to find the actual location of the auction •The three possible outcomes: postponement, cancellation, or sale •Things to watch out for, such as -Multiple auctioneers, possibly operating simultaneously -How to make sure you bid on the property youre interested in -The implications of a sale as-is •Qualifying as a bidder •A typical bidding scenario •What happens when you win