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(3) The notice of sale shall be in substantially the following form: Notice of Trustee's Sale The following described property will be sold at public auction to the highest bidder, payable in lawful money of the United States at the time of sale, at (insert location of sale) on (month\day\year), at _.m. of said day, for the purpose of foreclosing a trust deed originally executed by __ (and __, his wife,) as trustors, in favor of__, covering real property located at , and more particularly described as: (Insert legal description) The current beneficiary of the trust deed is and the record owners of the property as of the recording of the notice of default are Dated (month\day\year). Trustee The Trustors, fee title owner or any creditor has the right to reinstate the loan delinquency within three months after the date of recording by paying all delinquent installments, late charges, inspection fees and the foreclosure fees and costs. If not reinstated during this three month period, the matter is set for a Trustee's Sale which takes place four or five weeks after the end of the reinstatement period. It is optional with the beneficiary whether a reinstatement will be accepted after the three month reinstatement period has ended. However, the V.A. regulations require the beneficiary to accept a 211

Should I Short Sale My Home?  

Homeowner's guide how to survive the worst real estate market in history. Should I Short Sale My Home? authors - Tim & Julie Harris, Found...

Should I Short Sale My Home?  

Homeowner's guide how to survive the worst real estate market in history. Should I Short Sale My Home? authors - Tim & Julie Harris, Found...

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