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Continued Foreclosure Sale Date
I would modify that to say that the deadline is 8:00 A.M. as foreclosure
sales are deemed to have occurred at 8:00 A.M. regardless of the actual
time they occur if the Trustee's Deed Upon Sale is properly and timely
recorded thereafter (within 15 days, I believe).
On Wed, Jun 14, 2017 at 11:26 AM, John Faucher j.d.faucher@sbcglobal.net
[cdcbaa] wrote:
>
>
> I'm not sure I understand the question, or what "advancement" means here.
> You have a foreclosure sale with a notice that's been recorded as taking
> place on 7/10, at 9 am. The sale can't take place any earlier than that;
> any attempted sale won't meet state law requirements. The creditor may
> continue the sale, but those continuances can only be to a time and date
> when the sales are taking place on the courthouse steps.
> The debtor has until 9 am on 7/10 to refinance. The hardmoney lender can't
> foreclose a minute earlier.
> - John D. Fauche r
>
>
> On Tuesday, June 13, 2017 3:57 PM, "tysonlawfirm@yahoo.com [cdcbaa]" cdcbaa@yahoogroups.com> wrote:
>
>
>
> Hi Everyone,
>
> Potential client has a continued foreclosure sale date set for 7/10/17 at
> 9:00 a.m. Hardmoney lender continued the sale because PC is refinancing the
> RP. PC is scared that the hardmoney lender will advance the sale date from
> 7/10/17 at 9:00 a.m. in order to take his property before he can refinance
> it.
>
> Does anyone know of any California state law prohibiting the advancement
> of a foreclosure sale (continued foreclosure sale)?
> Thanks!
>
>
>
>
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I would modify that to say that the deadline is 8:00 A.M. as foreclosure sales are deemed to have occurred at 8:00 A.M. regardless of the actual time they occur if the Trustee's Deed Upon Sale is properly and timely recorded thereafter (within 15 days, I believe).On Wed, Jun 14, 2017 at 11:26 AM, John Faucher j.d.faucher@sbcglobal.net [cdcbaa] <cdcbaa@yahoogroups.com> wrote:
The post was migrated from Yahoo.
I'm not sure I understand the question, or what "advancement" means here.ing place on 7/10, at 9 am. The sale can't take place any earlier than that; any attempted sale won't meet state law requirements. The creditor may continue the sale, but those continuances can only be to a time and date when the sales are taking place on the courthouse steps.The debtor has until 9 am on 7/10 to refinance. The hardmoney lender can't foreclose a minute earlier.- John D. Fauche r
On Tuesday, June 13, 2017 3:57 PM, "tysonlawfirm@yahoo.com [cdcbaa]" wrote:
Hi Everyone,
Potential client has a continued foreclosure sale date set for 7/10/17 at 9:00 a.m. Hardmoney lender continued the sale because PC is refinancing the RP. PC is scared that the hardmoney lender will advance the sale date from 7/10/17 at 9:00 a.m. in order to take his property before he can refinance it.
Does anyone know of any California state law prohibiting the advancement of
The post was migrated from Yahoo.