Originally posted by Lisa Zurga:
Power of Sale Foreclosure Guidelines
If the deed of trust or mortgage contains a power of sale clause and specifies the time, place and terms of sale, then the specified procedure must be followed. Otherwise, the non-judicial power of sale foreclosure is carried out as follows:
Lisa,
The snippet above is what applies in your situation, not the remainder of the CA state laws that you posted.
So, get your "Trust Deed" document that you recieved at your closing/settlement and read that for the particulars. You may discover that the Trust Deed does not require the lender/servicer to post any sign on your property; it's probably not all that convenient for them to be doing so, and they will write things up so that it is not required of them.
Hope that helps.
