Real Estate

Foreclosure Process

April 18, 2009 by The Manzo Team · Leave a Comment 

Day 1

Record Notice of Default

Within 10 business days

Mail and publish Notice of Default

Within 1 month

Mail Notice of Default

After 3 months

Set sale date

25 days before sale date

Send notice of sale to I.R.S.

Within 10 days from 1st publication

Send beneficiary request for property directions

14 days before sale date

Record Notice of Sale

7 days before sale date

If court action, 7day rule may apply

5 business days before sale date

Expiration of right to re-instate the loan

Sale date

Property is sold to highest bidder at public auction

Pasadena Remax | Pasadena Remax Office | Remax Realtor

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