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    staceybar's Avatar
    staceybar Posts: 2, Reputation: 1
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    #1

    Jan 29, 2008, 01:22 PM
    Florida foreclosure guidelines?
    What actually constitues a Florida mortgage being in default to the point that foreclosure proceedings begin? Is there a set amount of months one must be behind on their mortgage before the lender can begin foreclosure? I heard if a borrower is 3 full months behind & going into the 4th month, then foreclosure proceedings can begin. Is that time frame a standard guideline or does the time frame need to be spelled out individually for each mortgage?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jan 29, 2008, 01:28 PM
    That is generally up to the lender though there may be some guidelines in state law. Check with the state banking agency.

    This may be of assistance:

    Florida Foreclosure Law
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