Owner Financing
A transaction in which a property seller carries all or part of the financing of a buyer’s purchase of a property. Owner financing agreements must consider “Due on Sale” clauses associated with outstanding loans on the property being sold. As monthly premiums for owner-financed mortgages are frequently interest-only, these arrangements often involve a balloon mortgage payment. Also known as Seller Take-Back or Owner Carry Back.
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.
When does the foreclosure "start"?
The "foreclosure process" begins with the recording of the Notice of Default. This date starts the 3-month reinstatement period. After this reinstatement period expires All American Foreclosure Service can set a Trustee Sale date no sooner than 21 days later. It is actually about 1 month to allow for posting and publishing procedures. Please check out our Foreclosure Process/Timeline page for more information.
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.