Foreclosures are on the rise across the country, and Idaho is not immune to this trend. The Idaho Business Review recently reported " Idaho ranked 10th in home foreclosure rate in November, with one of every 479 households in some stage of foreclosure,"
This means more and more homes in Idaho will be sold in some type of distress; either as a pre-foreclosure or short sale, at a Trustee's sale, or as a REO or Bank owned property.
As a result, I am writing a series of articles, aimed at explaining the Foreclosure process in Idaho.
To read previous articles, go to
- Is buying a bank-owned, short sale, or foreclosure in Idaho a good idea
- Idaho Foreclosures, Short Sale, and Bank Owned properties.....What are the differences?
This articles will address the Trustee's Sale, and will cover the following topics.
What or who is a Trustee?
What is a Trustee's Sale?
Can I get financing for a home sold at a Trustee's sale?
How do I find the date, time, and location of a Trustee's sale?
How do I know what the minimum bid will be?
Can I get into the property to look at it before I attend the sale?
How do I know which Deed of Trust is being foreclosed?
Read the full article at the Idaho Real Estate Scoop!
I hope you find this information helpful! Please feel free to call or text me with any additional questions!
Pam Pugmire
Bridgetower Real Estate
208-921-4800
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