Legal Question in Real Estate Law in California

Re: real estate

Depends entirely upon the bank. Some banks will start foreclosure at 90-120 days delinquent. I have a client in my office who is more than 10 months behind, and the bank hasn't started foreclosure. I tend to think that if it is a condominium, is upside down in equity, they are not going to be as aggressive, but in theory, they can start foreclosure at any time.

*Due to the limitations of the LawGuru Forums, The Gibbs Law Firm, APC's (the "Firm") participation in responding to questions posted herein does not constitute legal advice, nor legal representation of the person or entity posting a question. No Attorney/Client relationship is or shall be construed to be created hereby. The information provided is general and requires that the poster obtain specific legal advice from an attorney. The poster shall not rely upon the information provided herein as legal advice nor as the basis for making any decisions of legal consequence.