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B2thesungazette.com Wednesday, March 13, 2019LEGAL NOTICES For 4 Weeks Up to 4 names......... ×75 Additional names..........................×5 each Trustee Sale..................................×22
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What is trustee sale?
A trustee sale is a public auction of a property held by a trustee on behalf of a lender after the borrower defaults on their mortgage.
Who is required to file trustee sale?
The lender or their appointed trustee is required to file a trustee sale.
How to fill out trustee sale?
To fill out a trustee sale, the lender or trustee must provide information about the property, borrower, and terms of the loan.
What is the purpose of trustee sale?
The purpose of a trustee sale is to recover the outstanding balance of a loan by selling the property to the highest bidder.
What information must be reported on trustee sale?
Information such as the property address, borrower's name, loan details, auction date, and terms of sale must be reported on a trustee sale.
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