California Foreclosure Timeline

• Day 1 – Notice of Default recorded with County Recorder
• Within 10 Business Days – Notice of Default is mailed by the Trustee to the Borrower and includes the recording date
• Within 1 Month – Notice of Default is mailed to Borrower again
• Day 90 – Notice of Default period ends and Notice of Trustee Sale (NTS) period begins

• After 90 Days – Sale date, time, and location are set
• 30 Days Prior to Sale Date – Notice of Sale is sent to IRS (if applicable)
• 20 Days Prior to Sale Date –
  • Notice of Sale is published in a newspaper and is required to run for 3 consecutive weeks
  • Notice of Sale is posted on the property
  • Notice of Sale is mailed to the Borrower and required parties involved
• 14 Days Prior to Sale Date – Notice of Sale is recorded in County Recorder’s office
• 5 Days Prior to Sale Date – The Borrower’s right to reinstate expires

• Sale Date – The property is sold to the highest bidder or reverts back to Lender

To learn further if foreclosure is right for you, consult with Cesi Pagano and Associates directly.

Options to Avoid Foreclosure

California Foreclosure FAQ