Investors: Foreclosure

Foreclosure

Our Timeline/Procedure section is to be used strictly as a guide or reference for the time frames of a non-judicial foreclosure. Time frames may vary depending on the complexity of the non-judicial foreclosure or the event of a bankruptcy filing. For more information see Foreclosure FAQ.

CALIFORNIA FORECLOSURE
Flowchart/Timeline

Step Timeline Action
1

Day 1

Record Notice of Default.

2

Within 10 days

Notice of Default mailed to trustors and Special Requests for Notice.

3

Within 1 month

Notice of default mailed to parties pursuant to California Civil Code 2924b(c)

4

After 3 months

Trustee's sale date can be set.

5

25 days prior to sale date

Notice to IRS must be given if required.

6

At least 20 days prior to sale date

Publish Notice of Sale.
Post Notice of Sale.
Mail Notice of Sale

7

Within 10 days from first publication of notice of sale

Request for directions to property sent to beneficiary. (if no known designated property address)

8

14 days prior to sale

Record Notice of Trustee's Sale.

9

5 business days before sale date

Right to reinstate expires.

10

Sale date

Public Auction, approximately 120 days from mail/post date of Notice of Default.

   

View the California Flowchart & Timeline of the entire foreclosure process.

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