California Foreclosure FAQs
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Q:
Does California Law Allow for a Redemption Period After a Foreclosure?
A: A California borrower only has a right of redemption if the property is foreclosed through the court system in a judicial foreclosure. The redemption period is … More -
Q:
Where and When do Foreclosure Sales Take Place in California?
A: California statutes do not regulate the time or the location of a foreclosure sale. Instead, the date and time are determined by the lender and publicized in the … More -
Q:
What Public Notice Requirements Are There for a Real Estate Foreclosure in California?
A: In California, a non judicial foreclosure starts when the lender records the Notice of Default in the county office where land records are recorded for the property … More -
Q:
Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in California?
A: A lender may only sue a borrower to obtain a deficiency judgment if the lender originally sued the borrower to obtain a judicial foreclosure. If the lender … More -
Q:
How Can a Lender Foreclose on a Property in California?
A: The majority of lenders pursue a non judicial foreclosure in California. That means that the lender has the legal ability to sell the property at a foreclosure … More -
Q:
How Long Does the Typical Foreclosure Process Take in California?
A: It takes several months for a lender to foreclose on a California property. If everything goes according to schedule, the process typically takes approximately … More -
Q:
Can I Keep My Home If I File Bankruptcy in California?
A: As in all states, a bankruptcy judge may allow a debtor to keep his or her home if he or she is able to make the mortgage payments on the property and if the debtor … More
Foreclosure Sub-categories
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