BANK OWNED PROPERTY

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FAQ & INFO SHEET

 

Can anyone bid / make offer?  YES!  They are open to the public.

 Is there a fee to bid / offer?  No!  There is no charge to make offer.

 Is there a minimum bid / offer?  No!  You set the offer price.

 How much earnest money must I put down to bid / offer?  No minimum!  .5 to 1% is recommended. Personal checks are allowed and will not be deposited until offer is accepted.

 Do I need to wait for special auction date to make offer?  No!  Offer forms are available to make offer today.  Don’t delay… The "Hot Deals" are often SOLD on the first day they become public!

 How can I view and/or inspect properties?  Contact Terry Brock 951-722-2550 to make arrangements.

 Do I have to pay back taxes?  No!  The properties are sold with free & clear title.

 Who pays for owners title insurance?  The seller will pay for and provide owner’s title insurance for the property.

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