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This process, for us at least, took awhile. My father got the foreclosure letter in the summer of 03, and because of the courts they moved the dates back and then back again, and we finally got foreclosed on the NEXT summer, June of 04. It depends how busy the courts are, I suppose. You will probably get letter after letter letting you know a date, then maybe it will be that date, maybe you will get another letter like we did pushing the foreclosure date off.
What else can I help you with?
How long does a foreclosure process take?
It depends on where you live.
What is the land foreclosure process in puerto rico?
judicial foreclosure process
how long can foreclosure take?
typically, the mortgage company will start the foreclosure process about 3-6 months after the first missed mortgage payment The timeline of the foreclosure process will depend almost entirely on the state law a good place to find information is: www.Foreclosurefish.com
When we file the Motion to reinstate does this stop foreclosure process?
Once this motion is recorded it should stop the foreclosure process. Actually, once the bankruptcy is filed, the foreclosure process should already be stopped.
How long do you keep old foreclosure papers?
how long do you keep foreclosure papers
How long does a deed in lieu of foreclosure take to give back the property?
With the consent of the property owner and lender, the deed is valid immediately after it is recorded in the county public records. It is a good way to avoid the foreclosure process, but, oddly, many lenders will not accept such a deed and insist on the expensive and tedious foreclosure process.
What happens when Rented property goes into foreclosure?
It is the same process as any other foreclosure, except that at the conclusion of the foreclosure, the tenants will be forced to leave.
How long after foreclosure does eviction take in Montana?
In Montana, the timeline for eviction after foreclosure can vary. Typically, it can take anywhere from a few weeks to a few months, depending on the specific circumstances of the foreclosure and eviction process. It is best to consult with a legal professional for specific information related to your situation.
How long will bankruptcy prevent a foreclosure?
Bankruptcy will prevent a foreclosure but you still have to reaffirm the loan and begin paying or the bank will repossess your house regardless of bankruptcy. Bankruptcy temporarily halts the process for up to a couple months.
Explain the foreclosure process?
The process varies depending on state. For more information, visit http://www.realtytrac.com/foreclosure-laws/foreclosure-laws-comparison.asp. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
Who is responsible for a property still in the foreclosure process once you vacate the premises?
You are responsible for the property during the foreclosure process up until the property is sold or auctioned.
How long does it take to foreclose in the state of Massachusetts?
In Massachusetts, the foreclosure process typically takes between 6 months to over a year, depending on various factors such as the type of foreclosure (judicial or non-judicial) and any legal challenges that may arise. The timeline can be extended if the borrower contests the foreclosure or if there are delays in the court system. Additionally, Massachusetts law requires a 90-day pre-foreclosure notice before initiating the process, which adds to the overall timeline.
