Add 'Foreclosure Steps And Timeline'

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Graciela Reinhard 4 weeks ago
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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 to a Case
- Discovery and Evidence
- Prepare for Court
[- Judgments](https://seasiderealestate.al)
- Appeals<br>[vocabulary.com](https://www.vocabulary.com/dictionary/commercial)
<br>Main navigation<br>
<br>- Home
- How Do I.? - Evaluate My Situation
- Alternatives to Court
- Get Help
- Legal Research
- Start/Respond to a Case
- Discovery and Evidence
- Get ready 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 steps 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://dinarproperties.ae) sends out Notice of Intent to Foreclose (usually sent out 45 days after default) and a loss mitigation application<br>
<br>2. Foreclosure filed in Court<br>
<br>- Lender's law office files Order to Docket. - Can file at any time after 45 days from when the Notice of Intent to Foreclose is sent (or 90 days in default)<br>
<br>- Lender must wait 28 days after submitting the Order to Docket before filing the last loss mitigation affidavit
- Lender should submit the last loss mitigation [affidavit](https://negomboproperty.lk) a minimum of one month before sale<br>
<br>3. Foreclosure mediation (optional action)<br>
<br>- Homeowner should submit mediation request and send a payment of $50, within 25 days of:<br>
<br>- The Order to Docket, if last loss mitigation affidavit served at same time
- Receipt of last [loss mitigation](https://landpointgroup.com) affidavit filed after the Order to Docket is filed
- In either case - 25 days from last affidavit<br>
<br>- 45 days after the house owner has been serviced with the Order to Docket if it has a last loss mitigation affidavit submitted with it
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