The Foreclosure Process
Foreclosure is a legal procedure used by lenders to recover their investment
when borrowers fail to make payments required under a promissory note secured
by a deed of trust. In most cases, foreclosures are handled by Independent
Trustees who act as neutral third parties. Any irregularity in the
statutory provisions which govern foreclosures can invalidate the trustee’s
sale. For this reason, lenders will want a trustee who is accurate,
knowledgeable, and experienced in dealing with these types of circumstances.
The process begins with recordation of a Notice of Default. The
minimum time allowed by law is three months and twenty one days.
Our staff is well versed in the civil code statutes which regulate foreclosures.
As a member of the California Trustee’s Association, we keep abreast of
the new and changing laws which affect foreclosures and lending practices.
We provide superior customer service to our clients and work with them
(and their agents) as a team. Every party to the foreclosure receives
responsive, accurate information and assistance. Although we specialize
in the most complicated and unusual orders, we are available to process
all foreclosures, statewide. Orders are processed the same day we
receive them, and we record the Notice of Default within 48 hours of receipt
of your order.
CJ Investment Services, Inc. offers special contract fees to volume
clients and discounted rates for high liability files. We prepare
all demands, beneficiary statements, note modifications, reconveyances,
and forbearance agreements. Information about your account
is available via voice, fax, and e-mail.