Posted on: 14th Jun, 2010 08:59 am
how long does a foreclosure take and do i have the right to sell up until the actual seizure of the property
Hi Guest!
Welcome to forums!
The time period to complete a foreclosure may vary from state to state. It can take around 180 days to complete the foreclosure. If the lender has issued a foreclosure notice to you, then you can apply for a deed in lieu of foreclosure or short sale in order to avoid a foreclosure. Whether or not the lender would accept this will be the lender's discretion.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
The time period to complete a foreclosure may vary from state to state. It can take around 180 days to complete the foreclosure. If the lender has issued a foreclosure notice to you, then you can apply for a deed in lieu of foreclosure or short sale in order to avoid a foreclosure. Whether or not the lender would accept this will be the lender's discretion.
Feel free to ask if you've further queries.
Sussane