What are the foreclosure timelines in my state?

In California, the foreclosure timeline can vary depending on the circumstances of the loan. Generally, however, a lender must wait at least 90 days after the borrower is delinquent on their loan before initiating a foreclosure. The lender must give notice to the borrower of the delinquency and inform them that they can cure the loan by paying all overdue amounts. Then, after 90 days, if the loan is not cured, the lender can start the foreclosure process. The lender must also provide notice to the borrower of the foreclosure, and this notice must be published in a local newspaper. The foreclosure is then scheduled to take place on a specific date and time. The borrower has the right to request a postponed sale date, but the lender does not have to grant it. The foreclosure sale must take place between 8am and 5pm, and the purchaser takes title to the property after the sale. The borrower has the right to redeem the property up to the time of the sale, but must pay all past due amounts plus costs. After the redemption period is over, the court will issue a confirmation of sale if the purchase is valid. Finally, the lender can seek a deficiency judgment if the sale did not cover the balance of the debt.

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What are the foreclosure timelines in my state?

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