Borrower misses first payment
Lender can record a Notice of Default (NOD)
Lender can record a Notice of Trustee Sale (NOTS)
Lender can conduct a Trustee’s Sale of the home
If eviction is required, new owner of property must send 5-day notice.
New owner can file a court action for eviction
Five days typically granted for move-out. If still present, order of restitution issued
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