Notice of trustee's sale
A recorded notice setting the date, time, and place of the foreclosure auction. Comes after the notice of default in non-judicial states.
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Part 1 of 4
Why a seller cares
This notice names the auction date, and in a non-judicial state it is the last one before the sale. A seller who receives it has a firm deadline, and any sale has to close before it.
Part 2 of 4
A simple example
The notice sets a trustee's sale for June 12. A listing goes live in March, an offer arrives in April, and closing is set for May 30.
| The timeline | What has to happen |
|---|---|
| Listing to offer | Weeks, with the price set to move |
| Offer to closing | Faster than usual; a cash or well-prepared buyer |
| A closing that slips past June 12 | The auction happens first, unless the lender postpones it |
The trustee's sale notice is a date. Every other date in the sale has to come before it.
Part 3 of 4
What people get wrong
That the lender will wait for a pending sale. Some postpone; none are obliged to, and asking early is what gets it.
Part 4 of 4 · where to read next
Where it appears in the sale
What a definition is, and what it isn't
Keighbor is a software company, not a law firm, brokerage, or tax adviser. This is general information, not legal, tax, financial, or real estate advice about your sale. Your situation may differ. Before acting on a contract, disclosure, title, tax, or pricing question, ask an appropriately licensed professional in your state.
Written and researched by Keighbor Research · drawn from the reference glossary · how we research and check what we publish
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