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The foreclosure process varies by state, but entails the bank notifying the borrower of delinquency and preparing the foreclosed property to sell at auction. Depending on the state...

What Is the Foreclosure Process?
Foreclosure is the process of a bank or lender taking back into possession a property that they secured a mortgage against, using the home as collateral. Consider working out a mitigation plan to prevent foreclosure with help from a mortgage specialist... More »
Source: www.ehow.com



Processedit]. The process of foreclosure can be rapid or lengthy and varies from state to state. Other options such as refinancing, ...

Foreclosure Process/U.S. Department of Housing and Urban ... - HUD


Foreclosure processes are different in every state. If you are worried about making your mortgage payments, then you should learn about your state's foreclosure ...

What is a foreclosure and how does it happen? The debtor can make the loan current, including penalties and interest, work out arrangements with the creditor, or declare bankruptcy during this time, which is set by state law. In some circumstances, the creditor may ag... More »
By Jean Murray, About.com Guide

How the Foreclosure Process Works | Home Guides | SF Gate


The foreclosure process begins once a borrower misses his first payment. His mortgage lender will send a letter informing him that they have not received a ...

~ California Foreclosure Process – PropertyRadar Support


Feb 18, 2015 ... Notice of Default Start of foreclosure process. Initial notice recorded after borrower fails to meet the terms of their loan.CC...

The Foreclosure Process: Understanding How Foreclosures Work


The following is a generalized breakdown of the foreclosure process, a look at the stages of foreclosure, auctions, and tips for bidding on them.

Foreclosure Process | Realtytrac


Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property ...

Foreclosure Process | Richmond, CA - Official Website


The foreclosure process allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing ...

Popular Q&A
Q: What Is the Foreclosure Process in Virginia?
A: Judicial Process. The judicial, or in-court, process is rarely used in Virginia because it takes longer and is more expensive. This process begins when the lend... Read More »
Source: www.ehow.com
Q: What Is the Foreclosure Process in Wisconsin?
A: Deeds. Mortgage lenders in Wisconsin may foreclose on deeds of trust or on mortgage deeds. A deed of trust is a condition of the loan in which the borrower agre... Read More »
Source: www.ehow.com
Q: How long is the foreclosure process?
A: The normal foreclosure process takes anywhere from 45-90. ChaCha! Read More »
Source: www.chacha.com
Q: How long is the foreclosure process?
A: Not Financial Advice: From the time you miss your first payment to the final foreclosure sale may take about 6 months. In other states this could be less. Read More »
Source: www.kgbanswers.com
Q: What is foreclosure process?
A: Not Legal Advice: Foreclosure process follows several stages and begins when a property owner misses a mortgage payment. Process varies by state. Read More »
Source: www.kgbanswers.com