The process starts after the Notice of Default is sent to you.

You will have about 90 days to reinstate your loan.

About 25 days before the end of your reinstatement period, a public trustee’s sale will be scheduled.

The date of the sale will be advertised and your property will be sold to the highest bidder.

If there is not an acceptable bid, the lender will take back your property.

If you have redemption rights, you will be given time to use your rights.

You must pay off all of your debt to your lender, which includes penalties and late fees.

If you’re lucky, your lender will let you reinstate your loan during the redemption period.