You are generally protected against a deficiency judgement from your lender if that lender elects to foreclose by a trustee's sale. California has two types of foreclosures:
Judicial foreclosure through a civil lawsuit and non-judicial foreclosure using a trustee's sale.
Most lenders in California opt to foreclose through a trustee's sale.
Judicial foreclosure through a civil lawsuit and non-judicial foreclosure using a trustee's sale.
Most lenders in California opt to foreclose through a trustee's sale.
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