Foreclosure Timeline - for California

The timeline displayed below is typically how a California non-judicial Foreclosure works. The processes usually doesn't begin until after the lender has exhausted all avenues for curing the outstanding payments, including negotiating a loan modification. Typically this happens after the borrower has missed 3 consecutive monthly mortgage payments.

The official start of the Foreclosure process begins with the lender contacting a Trustee and instructing them to file a Notice of Default. Below are some key estimated dates regarding the process.

Note: Matters pertaining to Foreclosures are set forth in California Law. This information is deemed reliable but not guaranteed and is subject to change. Please consult legal advise and research California Foreclosures Law.

WHEN                                                 WHAT HAPPENS

Start (Day 1-3)                                     Notice of Default recorded with county recorder

Within 10 Business Days                      Trustee sends Notice of Default (NOD) to the borrower

Within 1 Month                                      A Notice of Default (NOD) is sent to all parties with interest to the property

After 3 Months                                      The Trustee then sets a public Sale Date

25 Days before the Sale Date               Trustee send Notice of Sale to the IRS

20 Days before the Sale Date               Publish Notice of Sale

                                                              Post Notice of Sale

                                                               Mail Notice of Sale

                                                               Begin Publishing Notice of Sale in a adjudicated newspaper and

                                                               must run the notice (ad) for 3 consecutive weeks

14 Days before the Sale Date               Notice of Sale is Recorded with the county recorder's office

7 Days before the Sale Date                 Trustee cannot sell the property for 7 days (in event bankruptcy)

5 Days before the Sale Date                 The borrower's right to reinstate expires

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

                                                                the lender