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California Foreclosures For Sale

April 7th, 2010

California Foreclosures For Sale
California Foreclosures For Sale 2 California Foreclosures For Sale
Foreclosure in California. What if my home doesn’t sell in the Sheriffs Sale? Can I stay till it sells?

I am up to date on my payments, however, my mortgage just jumped to $5600 a month and my house just dropped $200k in value. Bad investment for me.

My question is this and please help me clarify if wrong.
Foreclosure takes 4 months. Then comes the Sheriffs Sale. Let me know if I am correct so far.

How long can I stay at my residence after the foreclosure? My understanding is, I can stay at the house till the Sheriffs Sale, then the new owner has to evict. Correct? If I am, WHAT IF NO ONE BUYS THE HOUSE IN THE SHERIFFS SALE? CAN I STAY TILL IT SELLS?
new post. if i here you guys right, i have anywhere from 4 to 6 months

If the home fails to sell at the sheriffs sale….the bank will take over and they will have to evict you if you refuse to leave.

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