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Notice of trustee's sale Summary of Key Information (English) (California Civil Code 2923.3(d)(2))The attached notice of sale was sent to, in relation (trust or)to. (description of property that secures
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How to fill out notice of trustee39s sale
How to fill out notice of trustee's sale:
01
Begin by obtaining a copy of the notice of trustee's sale form. This form can usually be obtained from the trustee or lender who is handling the foreclosure process.
02
Fill in the relevant information at the top of the form, including the name of the trustee, the date of the sale, and the property address.
03
In the body of the notice, provide a detailed description of the property being foreclosed upon, including any identifying information such as parcel numbers or legal descriptions.
04
Include the name of the borrower and any other parties involved in the loan or foreclosure process, such as co-borrowers or guarantors.
05
Indicate the default amount, which is the amount owed by the borrower that has caused the foreclosure process to begin. This should include any principal, interest, fees, or costs that are outstanding.
06
Specify the terms of the trustee sale, such as the date, time, and location of the sale.
07
Provide contact information for the trustee or lender, in case any interested parties have questions or need further information about the sale.
Who needs notice of trustee's sale:
01
The borrower: It is important for the borrower to receive notice of the trustee's sale so they are aware that the foreclosure process is moving forward and that their property is at risk of being sold.
02
The lender: The lender needs notice of the trustee's sale to initiate the foreclosure process and take legal action to recover the debt owed to them.
03
Interested parties: Other parties who may have an interest in the property, such as lienholders or tenants, should also receive notice of the trustee's sale so they can take appropriate action if necessary.
It is important to note that the specific requirements for notice of trustee's sale may vary depending on local laws and regulations. It is advisable to consult with an attorney or legal professional for guidance on the specific requirements in your jurisdiction.
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