Understanding the Foreclosure Timeline
Pre-foreclosure is a structured process, not a sudden event. Know your options at each stage.
Discuss Your Timeline and OptionsCalifornia Foreclosure Timeline
Missed Payment (Day 1-30)
Late fees accrue. Lender begins contact. Credit not yet affected.
Your Options: Catch up on payment, request forbearance, explore loan modification
30-60 Days Late
Credit reporting begins. Lender contact intensifies. Late fees continue.
Your Options: Loan modification application, repayment plan, strategic sale
90+ Days Late - Notice of Default (NOD)
Formal foreclosure process begins. NOD filed publicly. You have 90 days to cure default.
Your Options: Complete loan modification, No Dual Tracking protection, short sale, sell before auction
Notice of Trustee Sale (NTS)
After NOD period expires, NTS issued. Sale date set (minimum 21 days notice).
Your Options: Last chance for loan modification, immediate sale, bankruptcy (consult attorney)
Foreclosure Sale
Property sold at public auction. You lose ownership rights.
Options are severely limited at this stage
Critical Insight: Act Early
The earlier you act in this timeline, the more options you have. Waiting until Notice of Trustee Sale severely limits your choices and often results in worse outcomes.
Most successful resolutions happen in stages 1-3. Once you reach stage 4, time pressure eliminates strategic options.
Where Are You in the Timeline?
Understanding your current stage is the first step. Getting expert guidance is the second. Call now for a confidential review of your options.
Call Cliff: 619-601-4299Get Help Understanding Your Timeline
Tell me where you are in the process and I'll explain your options.
Or call Cliff directly:
619-601-4299