Mutual Agreement

The most common foreclosure postponement reason; it simply indicates that the homeowner and the lender have agreed to postpone the sale. This may be the result of a phone call where the homeowner has requested a little more time, or a more formal agreement like forbearance. Many homeowners do not realize when they enter a forbearance agreement that the foreclosure process continues and if they miss an agreed upon payment the property can be sold on the next scheduled sale date with no further notice.

Starting a foreclosure is as easy as
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Frequently Asked Questions
When does the foreclosure "start"?

The "foreclosure process" begins with the recording of the Notice of Default. This date starts the 3-month reinstatement period. After this reinstatement period expires All American Foreclosure Service can set a Trustee Sale date no sooner than 21 days later. It is actually about 1 month to allow for posting and publishing procedures. Please check out our Foreclosure Process/Timeline page for more information.

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.

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