What happens at a trustee sale?

Trustee sales are advertised in advance and require an all-cash bid. The sale is usually conducted by a sheriff, a constable or lawyer acting as trustee. This kind of sale, which usually attracts savvy investors, is not for the novice.
In a trustee sale, the lender who holds the first loan on the Hollywood Beach Florida property starts the bidding at the amount of the loan being foreclosed. Successful bidders receive a trustee's deed.

First Name* Last Name* Email* Phone Question / Comments Enter the code:    Please wait...