Short Sale
The sale of a real property in which the proceeds of the sale fall short of the balanced owed on the loan(s) secured by the property. In a short sale, lenders agree to discount the loan balance and accept an amount less than or “short” total due. This is usually offered after borrower provides evidence of financial hardship to the mortgagor.
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 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.
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.