Can someone explain the mortgage foreclosure process?

Question: Can someone explain the mortgage foreclosure process? Florida. Also, can a mortgagee put a lien on other assets if not used as security in that mortgage? Answer: The process of foreclosure varies by state but here is the general flow of the process. First, the lender files for a foreclosure against the borrower if [...]

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Is there a national list of homes that are in the foreclosure process?

Question: Is there a national list of homes that are in the foreclosure process? I’m a renter, I’d like to make sure and keep an eye out that the house I’m living in is not being foreclosed on. Answer: The foreclosure process is a public issue therefore, details and events with regards to this process [...]

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After foreclosure sale is stopped how long before the foreclosure process can start again?

Question: After foreclosure sale is stopped how long before the foreclosure process can start again? Answer: The foreclosure process can start again once the “automatic sale” is lifted by a court order. It could be a matter of weeks, days and even hours. To learn more about the foreclosure process, you must contact a real [...]

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How can I stop the foreclosure process of my home in Alabama?

Question: How can I stop the foreclosure process of my home in Alabama? Answer: The best and most obvious way to avoid the foreclosure of your home is to pay for the debt that you owe. You can also talk to your lender and try to work out an agreement to avoid the foreclosure. The [...]

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Is anyone familiar with California Real Estate Foreclosure process?

Question: Is anyone familiar with California Real Estate Foreclosure process? I am particularly interested in how long it takes from the first time the payment is 30 days late. Answer: Usually, the lender will file for a foreclosure against the borrower once he is behind his payments for three consecutive months. During the first and [...]

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What does the foreclosure process include in new york?

Question: What does the foreclosure process include in New York? They say the process starts the sixth of September but what does that even mean? Can we still pay after the sixth and save our house? How long does the process take? Will they tell us the day they will foreclose on the house exactly? [...]

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But at what point of the foreclosure process can I still file bankruptcy?

Question: But at what point of the foreclosure process can I still file bankruptcy? Is it too late to file for Chapter 7 bankruptcy if I already got the Notice of Default? Or do I still have time after the NOD? State is California. Answer: You can still file for a Chapter 7 bankruptcy at [...]

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How can I tell if the house that I’m in is in preforeclosure ? or going through the foreclosure process?

Question: How can I tell if the house that I’m in is in pre-foreclosure ? Or going through the foreclosure process? I’m renting a house right now and I know that the owner is not paying his mortgage. What can I do / or which website can I go to in order to find out [...]

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In the state of Nebraska, what is the typical foreclosure process?

Question: In the state of Nebraska, what is the typical foreclosure process? A friend of mine says she has received a notice of intent to foreclose. She is curious as to how much time she will be given to vacate the property if she can not bring the payment current. Answer: The process of foreclosure [...]

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How far behind in mortgage payments before a bank starts the foreclosure process?

Question: How far behind in mortgage payments before a bank starts the foreclosure process? Is there a set time it takes before you are actually out of your home? Answer: The time frame of the foreclosure process varies in every state. But usually, if the borrower is late in his mortgage payments for at least [...]

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