How long do I have to stay in my home after a foreclosure?

After a foreclosure in California, the homeowner has a certain amount of time to stay in the home while they make arrangements to leave. This is known as a “redemption period” and is typically 90 days after the foreclosure sale. During this time, the homeowner may still be responsible for living expenses as well as any fees associated with the foreclosure process. Once the redemption period ends, the homeowner must vacate the home and leave the premises. If the homeowner fails to do so, the new homeowner has the right to obtain a court order, which would require the homeowner to leave the property. It is important to note that this only applies to non-judicial foreclosures, which are the most common type of foreclosure in California. Once the foreclosure process is completed and the homeowner leaves the premises, the new homeowner will then have full possession of the home. If the former homeowner still occupies the property, they may be subject to being charged with an illegal entry. It is important to note that the redemption period may be shortened in certain circumstances, such as if the former homeowner fails to respond to foreclosure notices. Therefore, it is important for former homeowners to be aware of the foreclosure timeline and make sure to follow it in order to avoid any additional complications.

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