Monday - Friday
8:00am - 5:00pm
20437 Brian Way
Tehachapi, CA 93561
Property Sale Types
We offer two types of Property Sales only;
Bid & Assume Foreclosures
Straight Sale Properties
You will be able to identify which type a property is being offered in the “Terms” section of the listing.
1. Bid & Assume
- A few properties are being offered as Bid and Assume Sales. It will state in the description.
This auction is a Bid & Assume
2. Straight Sale
- Your bid on these properties is your down payment, you then will assume the loan balance and monthly payment stated in the terms.
What you bid is the downpayment, and you then assume a balance of $26,472 at 9.5% interest, with a minimum monthly payment of $259, plus a one time processing fee of $199.
The winning amount or down payment does not get subtracted from the loan balance amount.
- A few properties are being offered as Straight Sales. It will state in the description.
This auction is a Straight Sale
- In a Straight Sale auction what you bid is the price for this property plus the processing fee
you have any questions call us at (661) 823-1543 today!