What is a Notice of Sale?
Definition
A Notice of Sale is a notification required by law informing the public of a forthcoming foreclosure auction.
Explanation
A Notice of Sale is published if you don't bring your loan current or make other arrangements with your lender after receiving a Notice of Default.
A Notice of Sale is a true financial emergency and may require bankruptcy to avoid eviction.
The trustee publishes the notice of sale in a general circulation newspaper for a statutorily prescribed period prior to auction.
Notice is also posted in a public place and somewhere on your house.