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This will not be attainable in case of nationalised or privatised banks, as these takes extra time to resolve such issues. In addition to, these hard money lender, supply the required amount of money, fairly easily and rapidly as in comparison with different banks.The sale date can’t be earlier than three months and 20 days after the recording date of the discover of default. After three months expires (or up to 5 days prior), the foreclosing get together information a discover of sale and mails a duplicate to the borrowers at the least 20 days before the sale date. California is one of some states that have a kind of grace interval constructed into the foreclosure course of. The lender that wishes to foreclose must personally contact (or meet the necessities for attempting to contact) borrowers to discover options for avoiding foreclosure 30 days earlier than recording the notice of default. The notice of sale is also posted on the property, in a public place, and revealed in a newspaper. The foreclosing party then data a three-month discover of default within the county recorder’s workplace and mails a duplicate to the borrowers within ten enterprise days following recordation.