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Posted by on Oct 31, 2011 in Auctions, Buying at Trustee Sale | 2 comments | Print Print

Trustee Sales Moved

From Lily at the U-T:

A ban on foreclosure auctions outside the downtown San Diego Superior Court has forced those who conduct them to two other areas that already host such transactions, a spokesman with a trade group that represents trustees said Monday.

The ban, made official in a July 1 court order, takes effect Tuesday.

People who “cry” trustee sales now conduct business at the entrance of the East County Regional Center, 250 E. Main St. in El Cajon, and outside 321 N. Nevada St., the address of Oceanside’s Housing Division offices, said Richard Meyers, executive director of the Irvine-based United Trustees Association.

It’s up to the individual companies that publish and post the sales to decide where to go, Meyers said.

The downtown San Diego venue had been used as an auction site since the 1960s. Over time, court officials said, dozens of investors, their representatives and onlookers routinely crowded around the main entrance of the downtown facility throughout the day, causing safety and security concerns.

2 Comments

  1. Safety and security concerns? Really…?

  2. Big Fear can be used for almost anything.

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