FORECLOSURE  TIMELINE

            Owner stops making Mortgage Loan Payments

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Beneficiary instructs Trustee to record Notice of Default (NDF)

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       Time Clock Starts at the Recording Date

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  Reinstatement Period is the First 35 days from Date of Mailing

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On Day 36 - Beneficiary can call the loan due in full

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    After 3 Months have elapsed; Notices of sale are published

      in the newspaper, once a week, for 3 consecutive weeks.  

    Notices must also be posted in 3 public places.

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    Sale is generally held the week following the last publication,

and the public bids on property.