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California Foreclosure

By
Real Estate Broker/Owner with KD Realty - 408.972.1822 CA DRE#01366594

Foreclosure Timeline

  • California Foreclosure Law
  • Civil Code 2924

Foreclosure Timeline

  • Record Notice of Default - Day 1
  • Mail Notice of Default - Within 10 business days of recording Notice of Default
    • Post, publish or serve Notice of Default, when necessary
  • Mail Notice of Default - Within one month of recording Notice of Default
  • Set Sale Date - After three months of recording Notice of Default
  • Send Notice of Sale to IRS, when necessary - 25 days before sale date
  • Publish Notice of Sale - 20 days before sale date
  • Post Notice of Sale - 20 days before sale date
  • Mail Notice of Sale - 20 days before sale date
  • Request for directions to property sent to requesting bidders - within 10 days from 1st publication notice of sale
  • Record Notice of Sale - 14 days before sale date
  • Trustee cannot sell for 7 days after expiration of court order - 7 days before sale date
  • Right to reinstate - 5 business days before sale date
  • Property sold at Sale - Sale date

Property that fails to be sold at a Trustee Sale goes back to the bank and becomes REO - Bank-Owned. All liens against the property or any unpaid taxes or fees are settled once a property becomes an REO.

Call today for more information about buying an REO property! 1-800-972-1822.

Kathleen Daniels, Broker Realtor and Foreclosure/REO Expert

San Jose Real Estate

 

Copyright © 2008, All Rights Reserved by Kathleen Daniels *California Foreclosure Law ~ Foreclosure Timeline*

 

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Blog | About Me

Probate Real Estate Services
San Jose Real Estate Website

    

DRE#01366594

I specialize in probate real estate.
As a Certified Probate
Real Estate Specialist
my focus is on helping Executors and Administrators
avoid headaches
before they start.

“From the moment we met Kathleen, we were impressed with her professionalism, knowledge, patience, respect, humor, attention to detail, and compassion.  She's the Whole Package ~ excellent agent and wonderful human being!  In a potentially stressful experience, we have felt in good hands all along.  We are so grateful and recommend her without hesitation!”

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Comments (9)

Guy Berry
Real Estate Expert Witness Support - San Jose, CA
Real Estate Broker and Legal Expert

Hi,  this was a great blog.  So many are lightweight and just their listings or statistics.  Well done.

Nov 21, 2008 01:04 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Hi Guy - thank you for your kind words.  I am a statistic blogger simply because I track stats closely. The stats tell a story - the data generally provides a picture of the truth about the real estate market.  My thinking is that if I am going to gather the data for my own use - it makes sense to post it on my blog(s). When I read comments about how "boring" stats are it makes me smile. When we understand the data we can intelligently guide our clients - isn't that right?  Just as when we understand the contracts we can intelligently explain what our clients are saying yes to - right?

It's all good. I love what I do and I love serving my clients who all appreciate the information and perspective I provide. Stats help prove to sellers a realistic market price - don't you agree?

Happy Thanksgiving!!

Nov 23, 2008 06:06 AM
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

Kathleen, always enjoy your posts.  You really are an informative Realtor for San Jose, California, and the surrounding towns.  

Oct 27, 2016 01:59 PM
Eagle Ridge Realty
Eagle Ridge Realty - Gilroy, CA
"Our Performance Will Move You!"

Kathleen, you write great posts fror people who want to know about the real estate market in San Jose, California.  People should use you as their Realtor.  

Oct 27, 2016 02:17 PM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Hi Kathleen, you always write some good, concise, informative posts.  It is a joy to read.

Feb 28, 2017 06:08 AM
Eagle Ridge Realty
Eagle Ridge Realty - Gilroy, CA
"Our Performance Will Move You!"

Looks like a good localized post.  Good luck with selling this year.

May 29, 2017 07:51 AM
Signature Homes & Estates
Signature Homes & Estates - Gilroy, CA
"Our Performance Will Move You!"

Browsing your old stuff.  Lots of good information here.  Keep it up!

Sep 08, 2017 05:56 PM
Eagle Ridge Realty
Eagle Ridge Realty - Gilroy, CA
"Our Performance Will Move You!"

Hi, just going through some of the older stuff again and liking what I see.

Sep 15, 2017 09:34 PM
Nancy Frimann
Eagle Ridge Realty/Signature Homes & Estates - Gilroy, CA

I love looking at your past posts.  You always have good information on them.

Aug 09, 2018 08:17 AM