June 10, 2009

What are the steps to buying Los Angeles real estate at auction on which the lender has foreclosed?

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Comments on What are the steps to buying Los Angeles real estate at auction on which the lender has foreclosed? »

June 11, 2009

Druz @ 10:57 pm

I have the answer you need buddy… since it does me no good right now… Hook me up with best answer for this one that should get you started. The rest is out of my hands! Oh and to your other questions…. REO’S vs auctions can go either way. Call the court house to see if there is a fee. Usually there is a deposit of some sort. I’m not sure how LA works, but some place require that you pay the amount in full, some within a month. With REO’s I’m sure you can get financing, but not with auctions.

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