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

By: Lola

Lola — Sat, 23 Jul 2011 23:04:23 +0000

I understand your story completely. That is what I am going through. Getting my MBA, divorcing and been in this process for 10 months now. Same answers from the bank. I am looking for a place now because I know they will do the same to me.

By: charmaine

charmaine — Thu, 10 Mar 2011 21:14:50 +0000

I got into mortgage difficulties back in june2010 while preparing my 18 year old for college.however i did the modification papers and was turned down since i need to create more income. This is a divorce property and since the divorced was up pass three years my ex took me to court to get the house sold which the judge told him he can do but i donot have to move untill the house sold.(he doesnt live in the house). This was last october2010. Since then i have not made a payment and he has not put up a for sale sign as he requested that he wanted to do. I definately canot pay a mortgage and pay to move with my four kids(ALL HIS KIDS). Well since the judge told him he can put the house up he has become more mean claming everything in the house is his and wanting use things in the house.(WHEN HE MOVED OUT SEPT 2007 HE TOOK ALL THAT HE WANTED). Tuesday 1 march he managed to get himself fired after 25 years on the job now he may not have to give me child support. Is there anything i can now do to save my house or is it to late to try anything. I manage to pay off all my bills.

By: Cari Montgomery

Cari Montgomery — Wed, 09 Mar 2011 17:04:56 +0000

Ok-I have owned this house in Texas since 2006 and the mortgage company is unable to refi or modi the loan to assit me witht he payments. Now they say there is a escrow shortage and even if I pay the entire amount my payments will not go back to the original amount. I have decided that if they want the house that bad ok..Foreclosure here I come. It will be such a relief to be shed of the entire nasty mess!

Have fun-Carrington Mortgage!!!

By: Carolyn

Carolyn — Thu, 16 Dec 2010 19:58:10 +0000

Well, my daughter worked 16months w/the lender..supplying over and over again, all documents they requested. Most of time having to refax and mail the same documents, the lender would say not received, need more updates…on and on. Finally, after calling the lender ‘regularly’..but always getting different answers from different reps, a wk before Christmas, a call was placed to lender and daughter was notified auction of property was to take place in 4days!!! Merry Christmas…! The ‘last’ contact she had BEfore finding this out, the rep had stated all was going well!! INCOMPETENT!…My daughter worked religiously to get thru this mod process (all while holding a job, raising a child, completing her BA, and going thru a DIVORCE…divorce is the reason this request for MOD came

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