07/20/2026
Behind on Your Mortgage? Don’t Wait Until the Foreclosure Sale Date Is Around the Corner.
California’s AB 2424, effective January 1, 2025, provides additional protections and options for certain homeowners facing foreclosure. Yet exercising those rights can still be a difficult and frustrating process.
I recently had the honor of helping a seller postpone their foreclosure sale, giving them the time needed to sell the property. After numerous phone calls, follow-ups, and documented conversations and emails with the mortgage servicer and foreclosure attorney, I am happy to share that the seller’s home is now in escrow and scheduled to close soon. It is a wonderful feeling to help a homeowner avoid losing their property to foreclosure.
I still struggle to understand why some lenders and mortgage servicers make this process so difficult. When a legitimate sale is in progress, allowing the homeowner to complete it may benefit everyone.
I would love to hear from anyone who has successfully utilized AB 2424 to help homeowners. Thank you, AREAA - Ventura County, for hosting an educational event about AB 2424 last year. The knowledge I gained from that event has helped me assist my sellers during this challenging process.
Homeowners, understand your rights, explore your options, and seek professional guidance as early as possible. Taking early action may help protect your equity and your future.