What payment forms are accepted at the trustee’s sale?

Only cash or a cashier’s check will be accepted for reinstatement or payment at the sale.

When must reinstatement be paid to stop the sale?

Reinstatement payment must be made by 5:00 PM on the last business day before the sale (not a Saturday or legal holiday).

Can the borrower keep the property after the trustee’s sale?

If the borrower does not reinstate the loan or otherwise stop the sale before the deadline, the property will be sold and the borrower will lose ownership.

Foreclosure — Payson

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Affects:HomeownersProperty BuyersCreditors

This notice describes a trustee’s sale for a property secured by a trust deed, outlining the lender’s right to foreclose and the procedures for reinstatement or payment at the sale. It warns bidders that only cash or cashier’s check will be accepted and lists payment deadlines.

Key Takeaways

Trustee’s sale is scheduled (foreclosure proceeding).
Only cash or cashier’s check accepted for payment.
Reinstatement must be paid by 5:00 PM the business day before sale.
Purchaser (not beneficiary) must pay the bid price at sale.

Published: May 8, 2026 · 1 week ago
Category: Foreclosure
City: Payson

If you don't respond

If the borrower does nothing before the sale date, the property will be sold at the trustee’s sale and the borrower will lose the property; reinstatement must be paid by 5:00 PM the business day before the sale to stop it.

What to do next

1
Confirm sale date and time
Locate the full notice or contact the trustee to get the exact sale date and time listed in the complete notice.
2
Arrange required payment
If you plan to reinstate or bid, prepare cash or a cashier’s check and be ready to pay by 5:00 PM the business day before the sale.
3
Contact the trustee or beneficiary
Call the trustee or beneficiary named in the full notice immediately to confirm payoff amount and procedures to halt the sale.

Frequently asked questions

What payment forms are accepted at the trustee’s sale?: Only cash or a cashier’s check will be accepted for reinstatement or payment at the sale.
When must reinstatement be paid to stop the sale?: Reinstatement payment must be made by 5:00 PM on the last business day before the sale (not a Saturday or legal holiday).
Can the borrower keep the property after the trustee’s sale?: If the borrower does not reinstate the loan or otherwise stop the sale before the deadline, the property will be sold and the borrower will lose ownership.

The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.

Legal terms in this notice

Trust Deed: A security instrument that gives a trustee title to property to secure a loan.
Trustee’s sale: A public sale of property carried out by the trustee to satisfy a defaulted loan.
Beneficiary: The lender or party who holds the benefit of the trust deed (the mortgagee).

Full Notice Text

20 | Friday, May 8, 2026 | PAYSON ROUNDUP PAYSON ROUNDUP | FRIDAY, JANUARY 20, 2026 | 15classifiedsLEGAL NOTICESexpress or implied, regardingtitle, possession or encum-brances, to pay the remainingprincipal sum of the Note se-cured by said Trust Deed,which includes interestthereon as provided in saidNote, advances, if any underthe terms of said Trust Deed,interest on advances, if any,fees, charges and expensesof the Trustee and of the trustcreated by said Trust Deed.The Trustee will accept onlycash or cashiers check forreinstatement or price bidpayment. Reinstatement pay-ment must be paid before fiveoclock P.M. (5:00 P.M.) onthe last day other than aSaturday or legal holiday be-fore the date of sale. The pur-chaser at the sale, other thanthe Beneficiary to the extentof his credit bid, shall pay theprice bid no l