6-27/950.00 Proceeds from Sale of Homestead

Proceeds from the sale of a homestead shall be distributed in the following order: 

• To the discharge of all liens and encumbrances, if any, on the property (CCP 704.850(a)(1))
• To the judgment debtor in the amount of any proceeds exemption (CCP 704.850(a)(2))
• To the levying officer for any costs not prepaid (CCP 704.850(a)(3))
• To the judgment creditor to satisfy
  • First, the costs and interest accruing after issuance of the writ (CCP 704.850(a)(4)(A))
  • Second, the amount due on the judgment with costs and interest as entered on the writ (CCP 704.850(a)(4)(B))
• To the judgment debtor in the amount remaining (CCP 704.850(a)(5))