California Foreclosure Process

The current real estate market poses some hearty challenges for everyone; especially, property owners having difficulty meeting their loan obligations. The process usually begins with what is called a “Notice of Default.” There are numerous possible outcomes leading all the way to a Trustee Sale. If you find yourself in the unfortunate circumstance of falling behind in your mortgage payments, or real estate property taxes, it is wise to talk to your bank or taxing authority to see what special arrangements they may be willing to work out with you. If you are interested in either listing or buying foreclosures, or other similar properties, I can help! Simply call me at 714-264-5964, or email tom@tomlevitt.com . This link provides a simple to understand process chart depicting how foreclosures work in California. Chart