What is the california foreclosure law?

Answer When a California homeowner fails to pay a mortgage loan, the lender can use the foreclosure option to rectify the default loan. California foreclosure law allows the lender to sell the property in... Read More »

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The Effects of Foreclosure in California?

The legal effects of foreclosure are governed by the laws of the state where the property is located. For purposes of comparison, states can be placed into two categories. The first category is la... Read More »

How long does a foreclosure take in California?

Foreclosure is a long process in California. After a borrower stops paying his mortgage, he can expect his home to be foreclosed five to six months after he receives the Notice of Default.Source:Al... Read More »

Foreclosure Protection Laws in California?

In February 2009, the State of California enacted ABX2_7 and SBX2_7AB, to institute The "California Foreclosure Prevention Act." Hailed as the first national effort to assist homeowners, the act ... Read More »

California Home Foreclosure Laws?

Foreclosure laws in California depend upon (1) which method of foreclosure the lender chooses (judicial vs. non-judicial), and (2) whether the loan being foreclosed qualifies as seller-provided fin... Read More »