Foreclosure
Timing
The following is an outline of the steps required to properly
process a foreclosure within the state of California. We created
this page to illustrate the steps involved in the foreclosure
process and more importantly show the short length of the
process. Once a foreclosure action is started it really
only takes a matter of months for the process to be completed.
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- Mail
and Publish the Notice of Default
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- Mail
Notice of Default a Second Time
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- Send
Notice Of Sale To IRS - (when necessary)
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10 Days From 1st Publication Of Notice Of Sale |
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- Send Beneficiary Request
For Property Directions
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- If court action the 7 day rule may apply
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Business Days Before Sale Date |
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- Right to re-instate the loan expires
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- Property
is Sold to the highest bidder at a public auction
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