Let’s say I make an agreement with a lender that I will take their money and make payments. If I do not make payments, they have the right to foreclose and use the Trustee Sale procedure and take my home. The Lender qualified me and said that they thought the loan was a good fit for […]
FORECLOSURE UPDATE: SB 1079. On September 28, 2020, Senate Bill 1079 was signed into law. It granted a right of redemption or first refusal to purchase a foreclosed residential property to tenants, buyers intending to use the property as their residence, local governments, and other eligible buyers. It caused all one-unit to four-unit family dwellings […]
