�Notice of Substitute Trustee Sale�

[Blue_Ray]

[justbroke]

The notice is just providing you with the first date the they will attempt to auction off the property. It could be delayed, and/or they may not get a buyer.

It's not telling you that you need to be out of the house. You could, technically, wait for it to be sold, and for the new owner (buyer) to evict you. Even before eviction, they need to demand that you vacate / abandon the home.

I would still make plans to have a new place by 6/1/2009 in case it does sell. Also, in your State, the redemption period may be months long, so you may get to stay even longer.

You don't need to notify the 2nd mortgage holder, as they are automatically included as a defendant on the foreclosure!