I try to read the Irvine Housing Blog fairly often but obviously not often enough since I must have missed this announcement a couple days ago (it is at the end of the HOA delinquency bit):http://www.irvinehousingblog.com/bl...ions-block-guests-when-owners-are-delinquent/
Apparently they have hooked up with some hard money lenders and can offer financed trustee sales. My interest was piqued until I read the part about selling at 3% below comps. I guess if a person is hell bent on buying through auction it could be a good way to get the job done, though.
Apparently they have hooked up with some hard money lenders and can offer financed trustee sales. My interest was piqued until I read the part about selling at 3% below comps. I guess if a person is hell bent on buying through auction it could be a good way to get the job done, though.