BiggerPockets

The bank now owns my Riverside Co., CA house and I have just been served the 3/60 Foreclosure Notice to Quit and a Summons for my eviction. I just turned down a cash for keys deal from the bank. How long can I stretch it out? How long before the sheriff kicks me out? Is there any kind of notice before hand that the sheriff is on his way? I'm asking because I'm in the (slow) process of moving to a different town and am going back and forth. I would hate to return to find that the locks have been changed and I've lost some of my stuff. Thanks for all of your time RE professionals.

At this point I'm moving and will be out when that process is over. I just don't want to be surprised. Anybody have any ideas how long until the sheriff shows up?

If I am not mistaken, you have seven days from being served. Usually, it will be longer as a sheriff will need to verify vacancy. But, be out by the seventh day as you could face a fine or arrested for trespassing.

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If you are sensitive...stop reading. I am going to speak honest and rough truths.

Since you have been foreclosed upon, (and the reasons you fell behind don't really matter) you have been living in a home for free, and are now stealing the house. You are stealing from the owner the right to use the asset that is theirs.

If you don't want to come "home" (it isn't your home any longer) to find the locks changed-then get your stuff out.

It appears that this holds a low value to you, otherwise you would have done the right thing and moved out by now and let the lender have what is rightfully theirs. Instead they now have to force you out and you are looking to milk it....

Just do the right thing, rent a storage unit, grab a truck some friends and some pizza for them and get your stuff out. If I was to offer you 200K to have your stuff out by noon on Wednesday, I would bet you would do it. Because at that point your values changed....

You can if you choose move as quick as you want.... the rest is up to you...

Just stop the stealing and Do The Right Thing.

Tony Severino

If you knew you were going down, I don't understand why you wouldn't take cash for the keys and at least leave with some money. It just doesn't make any sense and I am very curious for your reasoning in turning it down. My guess is you will have no more than 30 days. Banks are slow to evict in most cases. If you make them complete the eviction process, they will set your stuff on the street so it is in your best interest to get the stuff you care about in a storage unit.

Good luck getting a new place with a foreclosure and an eviction on your record. You will need it. I will skip the lecture as I am sure it would fall on deaf ears.

Mike C

I've seen strange things in our current economic melt-down. I've heard stranger things than I've seen.

Call them and see what they say. Ask them what your options are. They don't really want the house. They just want a profitable asset on books.

Take whatever action that works best for you and your family.

Good Luck!

7-14 Days in MI.

I would get out sooner then later to save what you have left.

Best of luck to you.