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The Watercooler
Ughhh...foreclosure
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<blockquote data-quote="GoingNorth" data-source="post: 319407" data-attributes="member: 1963"><p>When I went into foreclosure in my house several years ago, there was a minimum time period of 90 days before it went through a sherriff's sale.</p><p></p><p>That was mediated by law where i lived. In actuality it took more than 4 months. You can stay in the house until it goes to actual sale. Check the laws in your area on this.</p><p></p><p>This may have changed since as I know a lot of lending laws and the like have changed over the past few years.</p><p></p><p>Relax a bit. The notice of foreclosure is only the first step in a long process.</p></blockquote><p></p>
[QUOTE="GoingNorth, post: 319407, member: 1963"] When I went into foreclosure in my house several years ago, there was a minimum time period of 90 days before it went through a sherriff's sale. That was mediated by law where i lived. In actuality it took more than 4 months. You can stay in the house until it goes to actual sale. Check the laws in your area on this. This may have changed since as I know a lot of lending laws and the like have changed over the past few years. Relax a bit. The notice of foreclosure is only the first step in a long process. [/QUOTE]
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