| California
Foreclosure Timelines
Reliable
Trust Deed Services
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Prepare
and record Notice of Default |
Reinstatement
or
Payoff |
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Within
10 Days |
A
copy of the Notice of Default to be mailed, both by certified
and regular mail, to the property owner of record, and to
those other parties who have recorded "Request for
Notice" with the County Recorder. |
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Within
30 Days |
Notices
of Default will be mailed to all junior lien holders, and
other parties who are shown in the title report to have
a recorded interest in the real property. |
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After
90 Days |
If
IRS Liens are shown on our title report, notice of
a Trustee's Sale will be mailed to IRS, as per their regulations.
All steps leading to the Trustee's Sale will be followed.
(a)
publication of the Notice of Sale will be placed in a newspaper
of general circulation in the district where the real property
is located; (b) a notice will be physically posted on the
real property, if a residence, generally on the front door;
(c) all mailings of Notice of Sale will be sent, regular
and ceritfied mail, to the owners and all interested parties. |
5
Business Days
Before
Sale |
At
the lender's discretion, the borrowers right(s) expire to
reinstate a loan that has not yet become fully due and payable. |
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Day
111 |
The
property is sold at auction to highest bidder. |
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