Where Lives Are Changed - El Dorado County Courthouse
Being a Realtor, I am aware of the of the foreclosure process to some extent. Where I live, the trustee sale happens on the El Dorado County Courthouse steps. Until today 
however, I had never been to the official steps where the trustee sale happens, ultimately where lives are changed.
however, I had never been to the official steps where the trustee sale happens, ultimately where lives are changed.As any agent can handle a Short Sale, we are trained and retrained in order to keep up with the constant changes in the Short Sale process. We know about the Notice of Default and the Notice of Trustee Sale. We are trained to do what we can for those trying to go the Short Sale route in lieu of letting their home go back to the bank.
Not any agent however, can list and sell a REO property. There is a much smaller number of agents that delve into the REO aspect. They work with banks on the homes that have not been bought on the court house steps by a third party so "go back to the banks" as REOs (Real Estate Owned). I am not an REO agent but in representing buyers, have helped many people put offers on these REOs and have had many close escrow. We are trained to work with them once they are listed.
Today though, I went to the El Dorado County Courthouse to know what really goes on there. A family, I've known since the late 90's, was scheduled to lose their home and as hard as it was to go, I felt I needed to be there. This one hit close to home and I felt a sadness all morning like that in going to a funeral. It is apparent while showing REO homes, that some people don't have much vested and don't really care; but I know that is not the case with everyone, including this family. As the time approached, a few fellow agents and I quietly waited inside the building out of the light rain that had started to fall. We waited past the official sale time but no one showed to start the auction. We finally found out that at least for this gloomy day, where lives are changed, this sale was postponed. For now, I can go back to my world where these REO homes show up on the MLS with no notion of the lives changed along the way. Where if my buyers are interesed in one, I will work as hard as I can to help them buy it.
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I am a REALTOR® in El Dorado Hills with Lyon Real Estate. Though living in El Dorado Hills is my passion, I am happy to help you with your real estate needs throughout the Sacramento Valley. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at driley@golyon.com.
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By DeeDee Riley 2012 *All Rights Reserved*Where Lives Are Changed - El Dorado County Courthouse
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