About Foreclosure Sales


California Foreclosure Process


 









Initial notice recorded after borrower fails to meet the terms of their loan.

CC 2924c .(a)(1)		 Sets auction date. Can be recorded 3 months after Notice of Default.

CC 2924 c. (b)(1) 		Initial auction date can be just 14 days after Notice of Trustees Sale is recorded.

CC 2924 f. (b)(1)

Auctions can postpone for up to one year.

CC 2924 q. (e)(1)		 Transfers property to winning bidder. By default this will be the lender if no bid higher than the lender's opening bid is received.

CC 2924 h. (c)