California Foreclosure Law

Comments(6)

• 
  jfmlv195016th November, 2003

  I'm sure there is more but this should get you started.
  
  Civil Code Section 1695
  Civil Code Section 2924
  Civil Code Section 2945
  
  John (LV)

• 
  RickN17th November, 2003

  Thank you for your help. I still have cold feet about getting started and hopefully this info. will break me of it. Do you have any suggestions on overcoming the "cold feet"?

• 
  jfmlv195018th November, 2003

  Rick,
  
  Cold feet and lots of stomach turning nervousness is normal in this and any business when first starting out. The more presentations you make, the better you get and the more confident you become.
  
  Here are a couple of posts and articles that might help:
  
  http://www.thecreativeinvestor.com/ViewTopic16271-33.html
  
  And to start out with “Subject to” investing which will get you in-front of the sellers before they get to foreclosure, you should check out these 2 articles:
  
  http://www.thecreativeinvestor.com/modules.php?name=News&file=article&sid=146
  
  http://www.thecreativeinvestor.com/modules.php?name=News&file=article&sid=266
  
  and then the Sub to forum:
  
  http://www.thecreativeinvestor.com/ViewForum34-1939.html
  
  Check them out and let us know if they help.
  
  We are all here for you.
  
  John (LV)

• 
  Lufos18th November, 2003

  Dear Cold Feet, join the Group.
  
  Read the Codes, in Calif they are rather well written and modern in descriptions.
  
  To really learn the art of foreclosure there is this little out of print book.
  
  Quick Guide to Foreclosure Law,
  California Edition of 1995 Westland Reviews
  
  Read it and modernize by examining the Codes for changes. But it tells you how to be a Trustee and all that it entails.
  
  Another goody also very old is Handbook for Title Men, put out by Ticor Co. I have one of the last editions 1973, but the basics are still there.
  
  Also attend some sales and take notes on how the calls are made, how you qualify to bid (without tiping your hand) what to watch for like shuffling, spearing, shout overs etc. etc. The Forty Thiefs are gone but there are many new people trying the same age old tactics. Nothing new.
  
  Try it you'll like it. Lucius

• 
  Olga19th November, 2003

  I would suggest you to read "Stop foreclosure now in California" by Lloyd Segal, NOLO press.
  Sign up to public library, this book is widely available, so you do not have to buy it. Read it, make some notes. I am on Chapter 6 now .
  Enjoy

• 
  RickN19th November, 2003

  Thanks everyone for the advise. And I thought being a firefighter was tough!