Beat Investors at Their Own Game

SB 1079 (California Senate Bill 1079) is a California law that gives first-time homebuyers and current tenants priority over investors at foreclosure auctions. It applies to 1-4 unit residential properties. If an investor wins at auction, eligible bidders have 45 days to beat their bid (or match if they're a tenant).

If you're a first-time buyer, you only need to beat the investor's winning bid by one cent ($0.01). So if they paid $250,000, you'd submit $250,000.01. If you're a current tenant in the building, you can match their bid exactly—no need to beat it.

Unfortunately, SB 1079 only applies to first-time homebuyers (haven't owned in 3 years), current tenants, and nonprofits. If you don't fall into one of these categories, you can't use the 45-day window—but you can still buy at the original auction before the window opens.

For first-time buyers, you'll need a signed affidavit stating you haven't owned a home in the past 3 years. For tenants, you need proof of current residency (lease agreement, utility bills, etc.). We'll provide the exact forms you need when you subscribe.

Yes. When you file your intent notice, you must demonstrate you have the funds available. This typically means a cashier's check or proof of funds letter from your bank. You don't need to pay the full amount upfront, but you need to show you can close.

After you submit your bid during the 45-day window, you have exactly 15 days to file your formal intent-to-purchase notice with the trustee. This includes your bid amount, proof of funds, and eligibility affidavit. Miss this deadline and you lose your chance.

No. We're an information service. We scan public records and alert you when properties become available. We don't represent buyers, don't negotiate deals, and don't receive commissions. We provide data and optional filing assistance only. For legal questions, consult a real estate attorney.

Our Premium plan is $9.99/month for real-time SMS alerts, zip code filters, and full property details. We also offer a free tier with delayed alerts. Optional filing assistance is $49 for those who want us to handle the paperwork.