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Dudley S Chapman ABR, ePro, RECS
HRC Properties, LLC
124-B1 E Broad St.
Falls Church, Virginia, 22046
Office: 703-237-7344
Cell: 703-517-7422
Fax: 703-852-3871
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Lic. #: Licensed in Virginia and Washington DC
What happens at trustee sales PDF Print E-mail

What happens at a trustee sale?

Trustee sales are advertised in advance and require an all-cash bid. The sale is usually conducted by a sheriff, a constable or lawyer acting as trustee. This kind of sale, which usually attracts savvy investors, is not for the novice.
In a trustee sale, the lender who holds the first loan on the Arlington Virginia property starts the bidding at the amount of the loan being foreclosed. Successful bidders receive a trustee's deed.

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