Comments on: Foreclosure Timeline – How Long Does it Take?

By: jack

jack — Fri, 30 Jul 2010 11:18:01 +0000

i am in bankruptcy and am letting the house go. i have a very sick wife and am looking desperatly to find out how much time i have to get out of my home. can the sheriff serve us and evict us even before the bankruptcy is discharged? and i understand i will receive an act 91/6 letter prior to this. after receiveing this and if i do nothing, how much time will i have from the time of the letter until the sheriff serves the papers and how much time after the serving of the papers do i get to get out? hoping someone can clarify this. thank you

By: randy salmon, Jr.

randy salmon, Jr. — Sat, 21 Nov 2009 03:12:02 +0000

This post is a great help. At Coastal Reo Solutions in Myrtle Beach, South Carolina we can provide all the information you need to help in the foreclosure and short sale process. Thanks for the post.

By: Sherry Davidson

Sherry Davidson — Sat, 03 Oct 2009 20:31:24 +0000

Great info. In Florida you receive a Lis Pendens notice that is recorded in the public records. The next step is a summary Judgment that sets a sale date 20 to 35 days in the future. After the sale date the purchaser can receive the Certificate of Title in 10 days after the sale.

A foreclosure is such a horrible outcome. There are many options to avoid foreclosure and homeowners need to contact a professional for help. The Certified Distressed Property Expert program has trained over 11,000 real estate professionals to help homeowners. Check out their website at CDPE.com to get great information or to find a professional in your area.

By: Kyle D Jan

Kyle D Jan — Tue, 15 Sep 2009 19:47:08 +0000

This is excellent information. Plenty of individuals are facing this these days and do not understand the process and leave the home immediately. This is not good for anyone involved. Thank you. Phoenix AZ, Homes for Sale, Mortgage Loans

By: Staten Island Real Estate Agent

Staten Island Real Estate Agent — Tue, 11 Aug 2009 14:17:23 +0000

Understanding the timeline of a foreclosure is extremely important. If you plan on investing in a foreclosed home you need to know what your turnaround is going to be. If its going to be too long for you, maybe you so look at other investments.

By: Michele E. Kahaly

Michele E. Kahaly — Wed, 04 Feb 2009 22:57:59 +0000

We are in the process of filing for bankruptcy and i was wondering how long it will take from the first foreclosure letter to the time of eviction. In the interim, if we were able to come up with the money, at the end of the buy-out, would we have an option to buy?

Thank you – sincerely,

M.Kahaly

By: Edward Balcsik

Edward Balcsik — Thu, 10 Apr 2008 04:09:54 +0000

The timeline is critical in a foreclosure case. Importantly, it varies from state to state, by type of property and by nature (principal residence/investment) of property. This is why it is not only critical to contact your lender, but also to contact a local professional who can explain the timeline and help you see your options clearly.

By: KTBHold

KTBHold — Thu, 24 Jan 2008 05:20:37 +0000

Great information on the home foreclosure process, while they can be dishearting, foreclosures are a reality for many today, and even more everyday. Once you have been notified of a foreclosure, you still have time to attempt to prevent it. Do not give up, talk to the lender, and try to work something out.

Thanks for the information