Hi there Mary,

The answers you have already received are all correct. There is no telling on time frames when it will turn over from the county steps to an REO agent. The best way to keep an eye on it is, have a local Realtor plug the address into their MLS system and it will immediately notify you the day it comes on the market.

May you have the best of luck!

God bless,

Josh

Mary no set time limit. Sometimes it is pretty fast and sometimes it can take a year or more.
If you will email me the address I can activate it in our system and send you an email the day it comes back on the market.

I like Kim's answer. I would add that circumstances vary, too. Sometimes the foreclosed owners are still there fighting possession for several weeks. Sometimes the bank gets several orioerties all at once and at least one of them will wind up being the last one listed a few weeks after the first.

Typically, it is about a month after the bank takes possession. But can be a lot longer.

Unfortunately, there is not a clear cut answer to this. It really depends on the lender. Some are on top of their game and get things moving and the property will be back on the market within a couple of weeks. Of course, it does depend on the condition of the property. If the property was trashed and needing repairs they usually like to get them cleaned out first. And sadly, some lenders let properties sit for a couple of months before they get started.

If you know the lender you may get on the phone and do some investigating. I have gotten to the right person at the lender before they were able to actually list it. I wish you luck with this. My husband and I bought a foreclosure in May and we got one of the lenders that drug their feet at every step. It can be frustrating but well worth it in the end.