NOTICE OF TRUSTEE’S SALE, which is the final legal notice in the California non-judicial foreclosure process. Here’s what it’s used for: Primary Purpose This document formally announces that a foreclosed property will be sold at a public auction to the highest bidder. It represents the last major step before the property is actually sold. When This Form […]
Notice of Default with Substitution of Trustee, which is used in California to formally initiate the non-judicial foreclosure process on a property. Here’s when and how it’s used: When This Form Is Used This form is used when: A homeowner (Trustor) has defaulted on their mortgage loan The lender (Beneficiary) wants to begin foreclosure proceedings […]
