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Brandon Clark, GRI, ABR, CSP
Gateway Realty Inc.
120 North Pointe Blvd
Lancaster, Pa, 17601
Office: (717)560-5500 ext.544
Cell: (717)682-7353
Fax: (717)283-4535
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what happens at trustee sales | Print |

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 Lancaster County property starts the bidding at the amount of the loan being foreclosed. Successful bidders receive a trustee's deed.


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