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Updated almost 15 years ago on . Most recent reply

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Francis Dai
5
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26
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Sheriff Vs Trustee Sale in CA. What's the difference?

Francis Dai
Posted

What's the difference between a Sheriff's Sale Under Foreclosure, and a Trustee Sale, in California?

In a Sheriff's Sale, do I have to watch out for second liens the way I do in a Trustee Sale?

So I saw a public notice for a Sheriff's Sale, persumably for non payment of HOA fees. It's listed in a different section than the numerous Trustee Sales.

As far as I can tell, the Sheriff's sale is a Judicial foreclosure, whereas the Trustee Sale is Nonjudicial.

Can someone confirm if this is in fact the case, and spell out the implications?

With a Trustee Sale, if I bid on a Second Lien, I will still owe money to the First Lien. Are there similar gotchas in a Sheriff Sale?

Thank you all in advance.

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