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Updated almost 11 years ago on . Most recent reply

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Marcus Squires
  • Rochester, NY
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Pre-forclosure timing

Marcus Squires
  • Rochester, NY
Posted

Hello BP I have quick question.

When the notice to preforclosure is given how much time does the property have until forclosure?

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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
Replied

A Notice of Default can not be filed until the loan is 120 Days Past Due in any state.  Rights to cure then set in specific to each state.  

Ron likes links:  Rule Summary

  • Dion DePaoli
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