Foreclosures The real estate industry runs in cycles with the economy.  With the tight economic times, business owners in a pinch cannot pay their lenders.  When borrowers stop paying the secured lender, the lender typically begins the foreclosure process.  Foreclosures are heating up across the country.  As of November 2022,...

Read More

California Residential Foreclosure – Changes to Process and Timing

CALIFORNIA RESIDENTIAL FORECLOSURES  CHANGES TO PROCESS AND TIMING On September 28th, Governor Newsom signed into law Senate Bill 1079[1], which alters the process for how foreclosed homes are sold at trustee’s auction, requiring notice and preferred opportunities to tenants, local governments, and nonprofit/low income housing entities to buy foreclosed homes...

Read More