Courtesy of Landwood Title
The following presentation of timelines for foreclosures in Anaheim Hills are for general purposes only and are not intended to be all inclusive. No information on this page is to be viewed as legal advice or as an official description of the judicial or non-judicial process. It is important to seek professional legal counsel in any default proceeding.
After approximately 90 days with out borrowers making a mortgage payment on their Anaheim Hills Homes, a request to begin the Foreclosure proceeding begins.
Day 1 – Notice of Default recorded with Orange County Recorder
Within 10 Business Days – Trustee mails Notice of Default to borrower(s)
Within 1 Month – Mail Notice Of Default to all entitled parties with an interest in the Santa Ana property
After 3rd Month- Notice of Trustee’s Sale is prepared and sent for publication
25 Days Before Sale Date – Send Notice Of Default to IRS (if applicable)
Within 20 Days Before Sale Date- Publish Notice of Sale in an adjudicated newspaper (must run once a week for 3 consecutive weeks)
Within 10 Days from 1st publication of Notice of Sale – Trustee sends Beneficiary a request for directions to Anaheim Hills, California property being foreclosed, in order to post Notice of Sale on Anaheim Hills property
14 Days Before Sale Date – Record Notice Of Sale with Orange County Recorder
5 Business Days Before Sale Date – The borrower’s right to reinstate expires
Sale Date – The Anaheim Hills property is Sold to the highest bidder or reverts back to lender.
Other topics of interest:
How to make sense of the advertised asking prices on Anaheim Hills real estate for sale.
What is the difference between an Anaheim Hills Foreclosure and an Anaheim Hills REO (Lender Owned)
Luis Gallardo Anaheim Hills REALTOR(R)
TARBELL, REALTORS
(714) 702-0713 – Phone
Luis@LuisGallardo.net - Email
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