Lane Splitting Legal in California. California is the only state that specifically provides for legal lane splitting. According to the California Highway Patrol, lane splitting is legal if it is done in a safe and prudent manner.. Elsewhere on the West Coast, Oregon tried to pass two separate pro-lane-splitting bills earlier this year.
The following tips can help you avoid being a victim of foreclosure fraud: 1  Remember that signing over a deed to a different person does not automatically relieve you of any mortgage payments or outstanding debt. 2  Likewise, it is not always necessary to sign over the deed to your home in order to obtain new financing.Hidden Balloon Paymentsâ : In this type of foreclosure fraud, a lender will offer to save the homeowner from foreclosure by offering a discounted mortgage refinancing plan. The plan may involve lower monthly payments, but this is because the homeowner is only paying the interest for each month.
Foreclosure is the legal process which occurs when the borrower cannot pay his mortgage. The lender sells the property at auction to recover the monies owed on the property. Your first indication that the lender intends to auction the property is the Notice of Default.The Notice of Default serves as your official notice from the county that the lender is pursuing foreclosure. Approximately 90 days after you receive the Notice of Default, you will receive the auction notice.uction Notice. The auction notice, or Notice of Sale, is your final notice that the lender intends to sell the property at auction. The county prints the location, time and date of the trustee's auction on the Notice of Sale.