John Estrada, Granada Hills Real Estate Expert

CALIFORNIA FORECLOSURE TIME FRAME
FORECLOSURE TIME FRAME CALIFORNIA

The timeline displayed here is typical in a California non-judicial foreclosure. The foreclosure timeline does not begin until the lender feels they have exhausted all avenues for curing the payment delinquency. Normally, this happens after the borrower has missed three monthly mortgage payments. The borrower has probably been contacted by the lender several times prior to beginning the foreclosure process. The official foreclosure process then begins when the lender contacts a Trustee and instructs them to file a Notice of Default.

CALENDAR DESCRIPTION WITH CIVIL CODE REFERENCE

Start (day 1) Notice of Default recorded with county recorder-2924

Within 10 business days Trustee mails Notice of Default to borrower(s) with recording the date
2924(bx1) and 2924(e)

Within 1 month Mail Notice of Default as per TSC instructions -2924b(cx1x2) and 2924b(e)

Within 3 months Set sales date, time and location unless bankruptcy has been filed, or other event
Occurs that holds the time line – 2924 and 2924f(b)

25 days prior to sales date Send Notice of Sale to IRS (if applicable) IRS regulations

Public Notice of Trustee Sales – 2924(b)
Post Notice of Trustee Sales – 2924(b)
Mail Notice of Trustee Sale – 2924b(cx3)
20 days prior to sales date Begin publishing notice of sale in an adjudicated newspaper (must run 3 consecutive
Weeks)
2924b (e) – INCLUDES any taxing agency.

Within 10 days from first Send beneficiary request for directions to the property – (2924(b)
Publication of Notice of Sale

14 days prior to sale date Record the Notice of Sale with the recorders office – 2924(b)

7 days prior to sale date Trustee cannot sell for 7 days after the expiration of the court order (2924c(e)

5 business days prior to The borrowers right to reinstate expires – 2924c(e)
Sales date

Sale date The lender property is sold to the highest bidder or reverts back to lender.

*Other states foreclosure time frames may vary