Home › Forums › Housing › Timeline of a foreclosure??? › Soonest trustee sale is
Soonest trustee sale is around 110 days from the NOD.
More details are as follows:
Day 1 Record Notice of Default
Within 10 business days Mail and publish Notice of Default
Within 1 month Mail Notice of Default
After 3 months Set Trustee sale date
25 days before sale date Send notice of sale to I.R.S.(when necessary)
Within 10 days from 1st publication Send beneficiary request for property directions
14 days before sale date Record Notice of Sale
7 days before sale date If court action, 7day rule may apply
5 business days before sale date Expiration of right to re-instate the loan
Sale date Property is sold to highest bidder at public auction (aka trustee sale)
SD Realtor