Sacramento Foreclosures for Sale: Trustee’s Sale - Facts

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Sacramento Foreclosures for Sale: Trustee’s Sale - Facts

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In California the foreclosure process allows for both Judicial and Non Judicial foreclosures to take place. A judicial foreclosure only takes place if the lender desires to take the steps of applying for a deficiency judgment against the home owner. A deficiency judgment is taken when the sale of the property still leaves a shortfall in the amount that the lender needs to recover to dissolve the debt. Sacrament foreclosures for do not include rights of redemption, which allows the owner to redeem the property if he can raise the money to pay the debt in full.

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