Why tREO?
This is a highly competitive business model with many moving parts. tREO offers unique benefits for our clients, including:
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The Time is Right!
Lenders offer quality properties for sale at the auctions at deep discounts to today’s market values.
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About Us
Acquiring properties at auctions involves an experienced, professional team dedicated to a fine tuned approach to
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Q. What is the primary focus of tREO?
Our primary focus is to provide a property acquisition and management platform for professional equity and debt investors. We are specialists in acquiring deeply discounted residential properties at Los Angeles County trustee auctions on the “Courthouse steps.”
Q. What is a Trustee Real Estate Auction?
The Trustee Auction is a legally mandated sale process used by lenders to settle a defaulted loan. The auction is a cash only, open out-cry, competitive bidding process and may result in a sale of the property to a third party. If the property is not purchased by a third party, ownership reverts to the lender and it becomes an REO. Every month, over 500 properties are sold at auction to third parties in Los Angeles County alone.
