Sheriff Vs Trustee Sale in CA. What's the difference?
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.