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What happens when you go into foreclosure in California?

Updated: 8/16/2019
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9y ago

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When your home goes into foreclosure in California, the courts will give the homeowner a certain amount of time to move out. The homeowner can pay what is owed to keep the home.

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Q: What happens when you go into foreclosure in California?
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Related questions

In California what is the time limit for moving out of a foreclosure?

what is the time for foreclosure on a home in california?


What happens to your down payment in foreclosure?

The money is gone after foreclosure.


My husband and I each purchased land in California. We live in another state. The properties are about to go into foreclosure. Which states foreclosure laws will apply?

Foreclosure laws typically apply based on the location of the property, so in this case, California's foreclosure laws would likely apply to the properties you both purchased in that state. It's important to consult with a legal professional in California to fully understand the implications and processes involved in the foreclosure proceedings.


What happens if I don't pay my mortgage?

Unfortunately, foreclosure happens.


What are the laws governing bank foreclosure seizure and sale of homes in California?

Please see http://www.foreclosurelaw.org/California_Foreclosure_Law.htm. There you will find a summary of foreclosure laws in California.


What happens when Rented property goes into foreclosure?

It is the same process as any other foreclosure, except that at the conclusion of the foreclosure, the tenants will be forced to leave.


What programs are available to help California residents in foreclosure?

A good website to help California residents in foreclosure is keepyourhomecalifornia. It is a good program especially designed for this type of problem.


What happens to homes in foreclosure?

The homes in foreclosure are sold at auction after notice and publication of the date, time and place.


What is the foreclosure rate in Inglewood California?

1 in 3267 homes in Inglewood, CA received a foreclosure filing in August 2009.


What are the foreclosure laws in the state of California?

The Foreclosure Laws in the State of California Adhere to Nonjudicial and Judicial Practices. Judicial Practices Involves Filing a Lawsuit. in a Nonjudicial Practice There Are No Court Proceedings.


What companies can assist a person with foreclosure laws in California?

The following companies can assist a person with foreclosure laws in California: Courts, Realty Trac, USA Government website, Home Loan Help, to name a few.


What happens when you own a home with your partner who is in foreclosure on another home?

Nothing happens to you.. It wont affect you anymore that it affects me... LOL But your partner will have a foreclosure on their Credit Profile. You are responsible only for the payment history on any loan with your name on it. The Foreclosure that your partner suffered shows only on the foreclosed party's credit bureau. You probably won't want to use that person as a co-borrower for a while. No mater what the type of Lender you apply to, you will have a rate and or fee add-on; due to the partners previous foreclosure. Trenton "Trent" Sims California Broker 310.422.0435, 310.807.9230 Tsims@Green PlanetFunding.com