Capacity
The ability of a borrower to make mortgage payments. Capacity is determined by income, income stability (job history and security), assets, savings and the monthly income remaining after all debts and obligations are met.
Starting a foreclosure is as easy as
- Click on the "Get Started Now" button below.
- Complete the secure online form, or download a printable version.
- Submit the form securely via the website, e-mail, fax, or mail it to us.
What if the Borrower (Trustor) wants to give me the property back in lieu of paying the loan?
That may be considered a "Deed in Lieu" and can be a solution where the Borrower transfers ownership of the property to you avoiding a foreclosure. Use extreme caution in this process; you may be accepting the property subject to encumbrances, liens or judgments. Legal counsel can advise and guide you through this process.
2009 To 2014 Foreclosure Statistics for San Luis Obispo County, California
This document details the number of Notice of Defaults, Notice of Sales, and Trustee's Deeds filed in San Luis Obispo County, CA from January 2009 through 2014. For review of data prior to 2009 please contact our office.