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Updated over 9 years ago on . Most recent reply

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Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
4,163
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7,628
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Buying at the courthouse steps - HELP!

Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
ModeratorPosted

What is the process of buying properties at the courthouse steps in Orange County, CA? 

  •  Do you need to have the full amount of the purchase in cashiers checks or ?
  • Is it dependent upon the Trustee or is there a standard process? 
  • When you can't inspect the property due to tenants or something like that, what do you do to satisfy yourself for due diligence? 
  • When it says they do no guarantee clear title, do you do a preliminary title report or something to assure yourself there's no unknown liens? (though wouldn't any prior liens have been wiped out due to the foreclosure?) 
  • Help educate me please. 
  • Karen Margrave

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