Dana Point Forclosure Timeline

Has your home in Dana Point been recently foreclosed on or you have received a notice of default?

Below is a timeline that shows what to expect when you receive your N.O.D. and a list of what you can do to help your family through the process.

 

FORECLOSURE TIMELINE

Day 1: Record Notice of Default

Within 10 Business Days: Notice of Default is Mailed & Published when necessary

Within 30 Days:  Notice of default must be mailed

After 90 Days: Usually a sale date is set

25 Days Before Sale Date: Notice of sale is sent to the I.R.S publication 786

20 Days Before Sale Date: Sale Publication notice is posted and mailed

Within 10 Days of First Publication of Notice of Sale: Beneficiary request is sent for directions to property

14 Days Before Sale Date: Notice of sale is recorded

7 Days before Sale Date: If court action a “7 Day” rule may apply before sale can occur

Date of Sale: Expiration of the right to reinstate