Archive | Foreclosure Sales

42908957 - handing over cash for house keys in front of house and foreclosure sign

CALIFORNIA LEGISLATURE CREATES
“REDEMPTION RIGHT” FOR TRUSTEE
SALES OF RESIDENTIAL PROPERTIES

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 […]

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