Mortgage Insurance Premium (MIP)
A fee paid by a borrower, to an insuring agency such as the Federal Housing Administration (FHA) or a private mortgage insurance (PMI) company, for mortgage insurance. Premiums are paid once at closing and on a monthly basis until a threshold of approximately 80 percent loan-to-value is reached or for a set period.
Starting a foreclosure is as easy as
- Click on the "Get Started Now" button below.
- Complete the secure online form, or download a printable version.
- Submit the form securely via the website, e-mail, fax, or mail it to us.
What if there are no bidders at the sale?
The property is then returned to the beneficiary. The beneficiary or lender now owns the property and they will receive a Trustee’s Deed within a few days. Their next step would be to make any preparations for taking possession of the property and plans for its disposition or liquidation.
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.