Foreclosure by Power of Sale is another name for a non-judicial foreclosure. The majority of foreclosures in California are non-judicial foreclosures by the power of sale. In simple terms, non-judicial foreclosure is the process that most lenders choose to collect on a loan in default. As opposed to judicial foreclosure, which requires going through the courts, lenders can foreclose and sell a home at auction by following the provisions of California laws without going through the courts. In … [Read more...] about What Is Foreclosure by Power of Sale?