Attend A Sale
A Foreclosure sale is a public auction. The Notice of Sale shows the date, time and location of a sale. It is usually published in a newspaper that is located in the county where the property is located.
If you are considering bidding on a property lien, you should understand that there are risks involved in bidding at a trustee auction. You will be bidding on a lien, not on the property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder’s office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same lender may hold more than one mortgage or deed of trust on the property.
The sale date shown on the Notice of Sale may be postponed one or more times. Information about trustee sale postponements are made available as a courtesy. If you wish to learn whether a sale date has been postponed, and, if applicable, the rescheduled time and date for the sale of a property, you may call (805) 339-0892 regarding the sale of the property. Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on this Web site. The best way to verify postponement information is to attend the scheduled sale.