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    lisafit1's Avatar
    lisafit1 Posts: 1, Reputation: 1
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    #1

    Sep 9, 2008, 12:48 PM
    Foreclosure time
    How long does it take to get foreclosed on
    08_777444's Avatar
    08_777444 Posts: 111, Reputation: 16
    Junior Member
    		  
    #2

    Sep 9, 2008, 01:28 PM
    I guess it depends on the state or the lender. My neighbors didn't pay their mortgage for almost a year before the Sheriff came and evicted them.
    rockinmommy's Avatar
    rockinmommy Posts: 1,123, Reputation: 82
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    #3

    Sep 9, 2008, 03:07 PM
    It can take anywhere from a couple of months to a year or more. Like the PP stated, it depends on where you're located, and most importantly your mortgage holder. If you live in a state where the time frames are short and you have a very tenacious lender it can be as short as a couple of months from missed payment to the courthouse steps.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    Sep 9, 2008, 04:38 PM
    Yes, just depends on the lender, I have seen a few in as few as 3 months, but had one that went over a year before they finally foreclosed
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