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hard lender forclosure

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fnavarro Joined: 07 Jun 2010 Posts: 3 1.80 Dollars($)	Posted: Thu Apr 21, 2011 8:17 am    Post subject: hard lender forclosure Like 0 Dislike 0 How fast can they take your home for delinquent property taxes. is it the same time frame for non mortgage payment? hoe many months are we talking 4,6, before they take it or sell it?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Thu Apr 21, 2011 12:15 pm    Post subject: Like 0 Dislike 0 The duration of the foreclosure process will vary from state to state. Non-payment of taxes is a reason why they might foreclose, but it's not going to happen overnight, and in most cases, it won't be within 6 months either. I think you're looking at a lengthy process, but you can get clarification by calling your local Attorney General's office. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Thu Apr 21, 2011 7:20 pm    Post subject: Like 0 Dislike 0 Welcome fnavarro, I agree with George that the duration for the foreclosure will vary from state to state. As far as I know, normally, lenders can start foreclosure proceeding if you're around 3 months delinquent in your payments. _________________ Procrastination is the enemy of your financial success

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