Every home in California, occupied by its owner, is automatically protected by homestead law. It does not, however, prevent the lender from foreclosing on a mortgage and taking legal title.
Yes. A homestead gets you a property tax reduction, it offers no protection from foreclosure.
Yes.
If you stop making the mortgage payments, the bank will foreclose. They don;t care what the status is for your homestead exemption.
Of course.
Homesteading a property generally lowers the property taxes. However, it does not protect the home from foreclosure if the owner does not pay those taxes or any mortgages on the property.
not in real world. it is called criminal tresspasing
You have no protection, they can still foreclose...
If a home in california is homesteaded can it be forclose on?
