CA new pre-foreclosure

[Al Haungatau]

When property is in pre-foreclosure does that mean the 5yr period is almost up?

[Kyle J.]

@Al Haungatau  It sounds like you're talking about two different things. 

If a property is in pre-foreclosure, that means the home owner has fallen behind on their mortgage payments and the lender is possibly in the early stages of foreclosure (i.e. filed a notice of default or began the foreclosure process).  However, the foreclosure has not yet actually taken place.

The "5 year period" you're referring to likely has to do with the 5 years a home owner has to be delinquent on property taxes in California before a county can initiate proceedings to auction a property at a county tax sale.