real estate






 

Question by  manuelr78 (43)

How long does it take for a house to list as foreclosed?

 
+6

Answer by  Brittney (1095)

As soon as the bank has total control of the house and all the paperwork in order they can list it.

 
+6

Answer by  withluck (1745)

Each state has different regulations and time frames for foreclosure. Some are longer than others, and specifical details can be found by contacting a real estate attorney or the court house. Public notice of the foreclosure is necessary and there are specific guidelines for this as well.

 
+6

Answer by  Milette (1105)

90 days after the first payment, the house will be listed as foreclosed. This happens after a payment reminder and letter of demand has been sent to the home owner.

 
+5

Answer by  Devin98 (487)

This process can take up to a year depending upon the financial institution, liens that need to be satisfied, and the clearing title work.

 
+3

Answer by  Devin98 (487)

It takes approximately one year from the time of default for all of the proper paperwork to be filed by the mortgage company and listed for sale.

 
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