QUESTION
How to start the foreclosure proscess on buyer
Asked on Aug 25th, 2016 on Foreclosures - California
More details to this question:
I sold 10 acres, balloon due Jan. 22 2017, Buyer has not made payments for 4 mo. I've Sent notices of amount due plus 6% late fee's via cert.mail no response. What's next? Breach notice? Notice of default ? Any advice on how to move forward with foreclosure would be great. Thank you
1 ANSWER
Estate Litigation Attorney serving Redlands, CA
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Price Law Firm, APC
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You can initiate foreclosure in one of two ways, with a power of sale forclosure or a judicial foreclosure. Contact an attorney for a full consultation.
Answered on Aug 28th, 2016 at 12:05 PM