Initial auction date. At least 21 days from the Notice of Trustee Sale which must be served or mailed to the trustor, posted for 20 days and published once a week for 3 weeks.
If the sale date is postponed 3 times. The process must restart.
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Trustee’s Deed
If the Property does not go back to the Bank. The winning Bidder will receive a Trustee Deed.
Transfers property to highest bidder.
There is no right of redemption in a non-judicial foreclosure.
Debtor is subject to a deficiency judgment unless loan documents prohibit.