Home Equity Line of Credit (HELOC)

A variable-rate loan secured through equity in a borrower’s property in which a lender agrees to lend a maximum percentage of the property equity for an agreed upon period to a borrower for use at the borrower’s discretion. Similar to a line of credit, the borrower is not granted a lump sum, but may borrow, during the established draw period, sums up to the total amount of the promised advance and is only required to repay the amount drawn plus interest on this amount.

Starting a foreclosure is as easy as
  1. Click on the "Get Started Now" button below.
  2. Complete the secure online form, or download a printable version.
  3. Submit the form securely via the website, e-mail, fax, or mail it to us.
Frequently Asked Questions
How do you decide what the “Opening Bid” is at the Trustee Sale?

Generally the opening bid is the amount of the principal, interest, late charges and any other advances made by the lender, including our trustee fees and costs. A lender can opt to reduce their opening bid as it may have some advantages. All strategies in this regard should be planned with the advice of your tax preparer and legal counsel.

Foreclosure Statistics
2009 To 2014 Foreclosure Statistics for San Luis Obispo County, California

This document details the number of Notice of Defaults, Notice of Sales, and Trustee's Deeds filed in San Luis Obispo County, CA from January 2009 through 2014. For review of data prior to 2009 please contact our office.

Share This Page