The primary security instruments within the state are deed of trust and mortgage. A lot of folks in California nowadays are unable to pay their mortgage loan because of the monetary crisis. If you might be one of these individuals, it’s a good strategy to have some knowledge on the state’s home loan foreclosure law. Here are some facts about California mortgage foreclosure law. Judicial and non-judicial foreclosures are both obtainable inside the state. This means that lenders may foreclose houses using non-judicial or judicial property foreclosure processes. Deed transfer could be the final step in the foreclosures process. The trustee’s deed will transfer the foreclosed home to the winning bidder.