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#293634 - 06/05/09 05:50 AM Formal Legal Foreclosure Process
davidbraken Offline
Junior Member

Registered: 06/02/09
Posts: 6
Loc: davidbraken
Hello, I would like to know about the foreclosure. what are the factors includes in the formal Legal Foreclosure process? Any suggestion would be greatly appreciated.

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#293662 - 06/05/09 09:22 AM Re: Formal Legal Foreclosure Process [Re: davidbraken]
Chelsea Offline
Member

Registered: 09/30/07
Posts: 37
Loc: Midwest
I think your best bet would be to talk to an attorney. They would likely know the entire process. I've only experienced the portion of the foreclosure process that happens during a short sale, and when a foreclosed property becomes listed...nothing in between.

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#293667 - 06/05/09 09:57 AM Re: Formal Legal Foreclosure Process [Re: davidbraken]
Agent 007 Offline
Major Contributor

Registered: 02/05/05
Posts: 2713
Loc: Las Vegas
You will have to look up foreclosure laws for your state. Every state differs.
_________________________
Len McGuirk
Prudential Americana Group
Direct: (702) 203-6688
Las Vegas Real Estate

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#293690 - 06/05/09 11:31 AM Re: Formal Legal Foreclosure Process [Re: Agent 007]
Cave Man Offline
Veteran Member

Registered: 11/16/07
Posts: 582
Loc: CA
for general information, just Google "foreclosure laws [your state]" and you'll get tons of information as a starting point

you will probably get some hits to law firms which have generic descriptions of the foreclosure process in your state

if you have a serious legal issue, you will need to consult with a real estate attorney where you are located

since your profile doesn't indicate where you are located, it is unlikely any board members here will post any general information useful to you

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#293799 - 06/06/09 01:28 AM Re: Formal Legal Foreclosure Process [Re: Cave Man]
davidbraken Offline
Junior Member

Registered: 06/02/09
Posts: 6
Loc: davidbraken
Thanks for your suggestion. I am new to this act. So I need to know all the things. thanks again

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#368500 - 02/28/11 03:47 PM Re: Formal Legal Foreclosure Process [Re: 2lasi]
ColoBroker Offline
Major Contributor

Registered: 11/03/07
Posts: 2335
Loc: Northern Colorado

Agent 007 gave you the right advice look for the foreclosure process in your state.

Banks have always been able to put a stop to your foreclosure or change your house payments. If they wanted to...

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