Day 1
Record "Notice of Default"
Within 10 Days
Within 10 days of recording the Notice of Default, copies of the recorded document (NOD) are mailed to the Trustor(s) and anyone requesting Special Notice.
Within 1 Month
Notice of Default is mailed to parties, pursuant to California Civil Code 2924(c)
After 3 Months
At the end of 3-month, prepublication period, the Lender can then instruct the Trustee to set a sale date.
25 Days Prior to Sale Date
Notice to the IRS must be given, if required
At Least 20 Days Prior to Sale Date
Publish Notice of Sale, post Notice of Sale, mail Notice of Sale
Within 10 Days from first publication of Notice of Sale
Send beneficiary request for property directions
14 Days Prior to Sale
Record Notice of Trustee's Sale
5 Business Days Before Sale Date
Right to Reinstate expires
Sale Date
Property is sold to highest bidder
what is the time for foreclosure on a home in california?
There is a ton of useful information at foreclosureradar.com. Go to http://www.foreclosureradar.com/foreclosure-guides/.
Please see http://www.foreclosurelaw.org/California_Foreclosure_Law.htm. There you will find a summary of foreclosure laws in California.
A good website to help California residents in foreclosure is keepyourhomecalifornia. It is a good program especially designed for this type of problem.
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.
1 in 3267 homes in Inglewood, CA received a foreclosure filing in August 2009.
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.
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.
Nonprofit housing counselors can possibly help with information regarding foreclosure procedures. If there isn't any housing counselors within your area, you could always contact a legal advisor who works in a housing area of expertise.
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.
You have to contact you local foreclosure office. Some online websites also offer the listing or links to where to find foreclosure listings.
Yes, temporarily. Filing for bankruptcy protects your from collection actions taken by your creditors, including foreclosure during the proceedings.