Archive for November 12th, 2011

Trustee’s Foreclosure Sale Is Valid, Despite Substantial Error in Opening Bid (2011-11-12)

A recent case illustrates the need for a beneficiary to exercise care when making a bid at a trustee sale.  In Biancalana v. TD Service Company (Oct. 31, 2011) 2011 DJDAR 15972, the secured debt was $219,105.  However, due to error by the beneficiary, the trustee was instructed to make an opening bid of only […]