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California is one of a few states that have a kind of grace period constructed into the foreclosure course of. The lender that wants to foreclose should personally contact (or meet the requirements for making an attempt to contact) borrowers to explore choices for avoiding foreclosure 30 days before recording the notice of default. The notice of sale can also be posted on the property, in a public place, and revealed in a newspaper. The foreclosing get together then data a 3-month discover of default in the county recorder’s workplace and mails a replica to the borrowers within ten business days following recordation.
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