notice of default

You’ve never set foot in the house. How risky would it be to buy it? You have a full-time job. How much time would it take to invest in a foreclosed property? 
These homes are auctioned off in front of various government buildings in Orange County virtually every day. The auctions attract investors who seem to know what they’re doing, bidding [...]

20 TOPIARY
Amount owed: $1,123,552.51
Auction date & time: Sept. 10 at 3 p.m.
Location: At the north front entrance to the county courthouse, 700 Civic Center Drive West, Santa Ana.
Trustee sale #: 10-0045383
4 DELANTERA
Amount owed: $481,912.25
Auction date & time: Sept. 2 at 10 a.m.
Location: In front of the flagpoles at the Placentia Civic Center, 401-411 E. Chapman [...]

 
Foreclosures and short sales and real-estate-owned (REOs) are all distressed sales but different from each other.
However, they are also similar because without knowledge about handling foreclosures, short sales and REOs, you could find yourself in dangerous territory. For example, while most short sales are foreclosures, not all foreclosures are short sales. To further complicate [...]

If we look at SHADOW INVENTORY for Southern California we will find over 160,000 properties!  These are homes that either have a notice of default filed (missed at least 3 mortgage payments), are scheduled for auction (the next step from NOD), and are bank owned. 
What incentive do you have if the value of the home [...]

Foreclosure Time Line

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 and the Notice of Intent to Foreclose has expired. The [...]

Can I Stop Foreclosure on my Irvine home?
The first way is to immediately bring the loan current. In order to do that you must pay all delinquent amounts as well as any costs and fees incurred by the mortgage company during the time they processed your file to foreclosure.
For many borrowers, the loan is [...]

How Fast Can A Foreclosure Occur on my Irvine Home?

In Irvine, CA a foreclosure can be completed in less than six months from the time the loan becomes delinquent. The foreclosure process can take place two months after the loan becomes delinquent. The first step is to record the Notice of Default. Usually, the [...]

What’s a Notice of Default on my Irvine Home?
Notice of Default means your lender has begun the formal foreclosure process. This occurs once the borrower has been two months delinquent, in Irvine California.
During this time the borrower has over three months from the recording of the Notice of Default to find a solution to [...]

How Fast Can A Foreclosure Occur, What’s The Timeline?
In Irvine, CA a foreclosure can be completed in less than six months from the time the loan becomes delinquent. The foreclosure process can take place two months after the loan becomes delinquent. The first step is to record the Notice of Default. Usually, the homeowner [...]