Once we are provided the above information, we will start your foreclosure process the SAME DAY. AAFS performs all necessary legal and administrative duties beginning with the filing of the Notice of Default through Conducting the Sale.
Once you have provided us with all the information, you are required to do nothing else. Our staff has been in the real estate and foreclosure business for over 30 years and can offer counseling thoughout the entire process.
Subject to California law, if the loan or your payments are not paid within 3 months after the Notice of Default is recorded, we will set a date for a Trustee's Sale. Approximately three (3) weeks later the sale is held and funds are delivered to you, the beneficiary, or ownership of the property is transferred to you with the recording of a Trustee's Deed.
AAFS service does not stop at the Trustee's Sale. Should the property not be purchased by a third party at the Trustee's Sale, AAFS will provide seamless service to help you liquidate the property. Please contact us for more details.