Forbearance

An agreement (between a lender and borrower, in a foreclosure process) to refrain from or delay the enforcement of an action that is due. Also called a forbearance agreement.

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Frequently Asked Questions
What if there are no bidders at the sale?

The property is then returned to the beneficiary. The beneficiary or lender now owns the property and they will receive a Trustee’s Deed within a few days. Their next step would be to make any preparations for taking possession of the property and plans for its disposition or liquidation.

Foreclosure Statistics
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.

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