How long do you have to move out of a home that has been foreclosed in Missouri?

Answer 1

Depends on the state. It could be anywhere from 30 days to a full year. Check your loan documents they will usually have the information in there in the Warranty Deed.

I shall take my state, Georgia, as the basis for my answer. In this state you have 30 days from the decleration of foreclosure by the bank. That's it. You have 30 days to pay the amount to settle the foreclosure which normally is the 3 months of backpay on the loan plus the lawyer fees. If you do not pay, on the 31st day law enforcement will show up to forcibly move you out. This is no joke in this state. Either you pay the fee to stop the forclosure or sell the house. If you don't your posterior is on the street.

Answer 2

If you received certified letters without a sale date, you have about three months. Otherwise, you'll receive certified letters stating the date of sale. That's usually three weeks after you receive the the letters.

Answer 3

All states require that the borrower gets at least some notice before his house is sold. If it is a judicial foreclosure the borrower will get 15 to 30 days time to respond to the court complaint that states the foreclosure lawsuit. In some states notice of intent to begin foreclosure proceedings will be given to the borrower. When the foreclosure approved by the court and the order of sale is made, the notice will be published. Presale notices for non judicial foreclosures would be 20 to 30 days. It is only 15 days in Georgia and 4 months in Oregon and Utah. In some states like California two notices will be served on the borrower. One is to giving the borrower a period of time to make up the missed payments (cure the default) and a second one (notice Of Sale) giving the borrower a date of sale in case he hasn’t caught up on the payments. Debtor is always better to stay in the property even though he is in default. Otherwise the lender may consider that debtor have abandoned the property and start foreclosure procedure very quickly. Debtor can stay until he receives the notice of eviction after the sale of the property. He can also negotiate with the lender for debtors stay in the property even in default.

Answer 4

The eviction notice will include the date on which the occupant is to leave the premises. Some U.S. states have laws relating to foreclosure eviction procedures that include specified time limits and other issues that may oppose the original eviction writ. The time frame can be anywhere from 30 days from the final notice to vacate to as long as 12 months. This is why the concerned party should make themselves aware of all the state laws pertaining to the issue.

Answer 5

Generally, the seller must have vacated the premises by the time of the closing since once the new owner takes title, the former owner has no right to enter the premises.

Generally, the premises are inspected in a final walkthrough by the buyer before they take title. The inspection is conducted on closing day or up to 5 days before. The buyer wants to make sure the premises are in good repair, in the condition stipulated by the parties and that all the seller's property has been removed.

In some situations the new owner may agree to allow the seller to remain on the premises for a short or long term. In that case, the agreement must be in writing.

Answer 6

It should be specified in the papers - but the minute the lienholder takes legal possession of the property you no longer own it and are subject to eviction at any time.

Answer 7

How long do you have to move out of a house that has been foreclosed on in Texas

Answer 8

Each situation is different and laid out in the foreclosure papers. It is normal to have at least 30 to 60 days.

Answer 9

30 days