California Law Property With No Money Down

State:
California
Control #:
CA-FORECL-14
Format:
Word; 
Rich Text
Instant download

Description

The document outlines the protections available to tenants facing foreclosure in California, particularly regarding property laws and tenant rights. Key features include the ability for tenants to assume utility payments without assuming back bills from landlords, alongside new local laws ensuring 'just cause' for evictions. The California Public Utilities Code mandates notification to tenants if their landlord is behind on utility payments before service shutoff. Several California cities enact additional protections, including relocation assistance for tenants uprooted by foreclosure. Notably, Los Angeles prohibits eviction without 'just cause' and offers significant relocation assistance based on the duration of tenancy. Recent legislation aims to protect tenant eviction records from public access in foreclosure situations, enhancing tenant privacy and security. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who assist clients involved in foreclosure scenarios, ensuring they understand tenant rights, filing requirements, and local law implications effectively. Users can leverage the summaries to provide accurate legal advice and support for affected tenants.
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  • Preview Summary of California Law Covering Tenants of Property in Foreclosure
  • Preview Summary of California Law Covering Tenants of Property in Foreclosure
  • Preview Summary of California Law Covering Tenants of Property in Foreclosure
  • Preview Summary of California Law Covering Tenants of Property in Foreclosure

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FAQ

Buying a home in California is possible with little or no down payment, but buyers need to do their research heavily and understand each path's requirements before engaging.

GSFA's down payment assistance (DPA) programs are available for the purchase or refinance of a primary residence in California.

Two types of government-sponsored loans ? VA loans and USDA loans ? allow you to buy a home without a down payment. Each of the two loans has a very specific set of criteria you must meet to qualify for a zero-down mortgage.

Biden's Down Payment Toward Equity Act is a down payment grant that offers a pathway to homeownership for first-generation home buyers. If the bill becomes law, qualified home buyers could receive up to $25,000 in grant funding for their home purchase.

The Downpayment Toward Equity Act is a first-time homebuyer grant bill. The bill was proposed to make homeownership more accessible for low-income or otherwise disadvantaged individuals and families across the U.S. The proposed program is meant to provide up to $25,000 to those preparing to purchase their first home.

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California Law Property With No Money Down