• What is Foreclosure?
• Foreclosure Timeline
• Foreclosure Process (uncontested)
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| Foreclosure FAQ's |
What Is Foreclosure?
Home foreclosure is a process by which a lender regains a property which they have financed. Typically, this is because the control.
When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of
the property and jeopardizing any possible equity that the homeowner may have in the home.
Foreclosure Timeline
A Borrower has within 20 days after a foreclosure Complaint is served to file a response. If no response is filed, a default will be
entered and the foreclosure will be processed as uncontested. Generally, a foreclosure Defense strategy cannot be employed after
a default is entered. An uncontested foreclosure will be processed in four (4) to six (6) months.
Foreclosure Process (Uncontested)
Home foreclosure is a process by which a lender regains a property which they have financed. Typically, this is because the control.
When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of
the property and jeopardizing any possible equity that the homeowner may have in the home.
Foreclosure Timeline
A Borrower has within 20 days after a foreclosure Complaint is served to file a response. If no response is filed, a default will be
entered and the foreclosure will be processed as uncontested. Generally, a foreclosure Defense strategy cannot be employed after
a default is entered. An uncontested foreclosure will be processed in four (4) to six (6) months.
Foreclosure Process (Uncontested)
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| ** This web site does not contain or constitute legal advice. Contents are for informational purposes only. Consult with an attorney for any legal concerns. ** © 2009 Roland H. Acosta & Associates, P.A. 399 Carolina Avenue, Suite 210 Winter Park, FL, 32789 Phone: 407-644-2531 Fax: 407-628-9289 Email Us |