Add 'Foreclosure Steps And Timeline'

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Latasha Verco 2 weeks ago
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      Foreclosure-Steps-And-Timeline.md

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Foreclosure-Steps-And-Timeline.md

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<br>How Do I.? - Evaluate My Situation
- Alternatives to Court
- Get Help
- Legal Research
- Start/[Respond](https://www.safeproperties.com.tr) to a Case
- Discovery and Evidence
- Get ready for Court
- Judgments
- Appeals<br>
<br>Main navigation<br>[lowerys-vacation-homes.com](http://www.lowerys-vacation-homes.com)
<br>- Home
- How Do I.? - Evaluate My Situation
- Alternatives to Court
- Get Help
- Legal Research
- Start/Respond to a Case
- Discovery and Evidence
- Prepare for Court
- Judgments
- Appeals<br>
<br><br>
1. Real Estate and Other Housing
2. Foreclosure
3. Foreclosure Steps and Timeline<br>
<br>Foreclosure Steps and Timeline<br>
<br>This article explains the actions and timeline of a foreclosure case from starting to end.<br>
<br>1. Mortgage in default<br>
<br>Default = 1 day past mortgage due date
[- Lender](https://www.22401414.com) sends out Notice of Intent to Foreclose (generally sent 45 days after default) and a loss mitigation application<br>
<br>2. Foreclosure filed in Court<br>
<br>- Lender's law company submits Order to Docket. - Can submit any time after 45 days from when the Notice of Intent to Foreclose is sent (or 90 days in default)<br>
<br>- Lender needs to wait 28 days after submitting the Order to Docket before submitting the last loss mitigation affidavit
- Lender needs to file the last loss mitigation affidavit a minimum of thirty days before sale<br>
<br>3. Foreclosure mediation (optional action)<br>
<br>- Homeowner needs to submit mediation demand and send a payment of $50, within 25 days of:<br>
<br>- The Order to Docket, if final loss mitigation affidavit served at exact same time
- Receipt of last loss mitigation affidavit filed after the Order to Docket is filed
- In either case - 25 days from final loss mitigation affidavit<br>
<br>- 45 days after the property owner has actually been serviced with the Order to Docket if it has a last loss mitigation affidavit submitted with it
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