The Mortgage Lender Implode-O-Meter - Great site to stay up to date on lenders and what's happening in the mortgage market.
http://ml-implode.com/
Notice of Default Timeline - This is the time line from when you get a Notice of Default to when it goes to Trustee Sale.
"What Purchase and Sales agreement do you use for
California?"
Answer:
If a
homeowner is in foreclosure on their primary residence, then
you must use a contract that meets certain guidelines that
are spelled out in California Civil Code 1695.
This
type of contract often goes by the name "equity
purchase agreement," and it must be used even
when there is no equity in the property.
If
the property in foreclosure is not the owner's
The
"equity purchase agreements" that I know
of are the following:
1.
The California Association of Realtors has
the purchase
that I use when Civil Code 1695 applies
(property in foreclosure is owner's primary residence).