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Revision as of 23:13, 13 November 2021


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The sale date cannot be earlier than three months and 20 days after the recording date of the notice of default. After three months expires (or up to five days prior), the foreclosing social gathering data a discover of sale and mails a replica to the borrowers at the very least 20 days earlier than the sale date. California is one of some states that have a sort of grace interval built into the foreclosure course of. The lender that wishes to foreclose must personally contact (or meet the necessities for making an attempt to contact) borrowers to explore options for avoiding foreclosure 30 days earlier than recording the discover of default. The discover of sale can be posted on the property, in a public place, and published in a newspaper. The foreclosing get together then data a 3-month discover of default within the county recorder's office and mails a replica to the borrowers within ten enterprise days following recordation.