Foreclosure in Thomasville>Question Details

Jodi, Home Buyer in Pensacola Beach, FL

If a house is going into foreclosure how long does the family have to relocate?

Asked by Jodi, Pensacola Beach, FL Fri Aug 22, 2008

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3
It really depends from state to state. I know someone who has been facing foreclosure for 3 plus years now. The date keeps getting setback and setback. I think that's a pretty rare case to go that long though.
0 votes Thank Flag Link Wed Jun 23, 2010
It depends. I would definitely start looking for a home to move into. I do short sales and can help you if you have just been served notice of foreclosure. Thank you.
0 votes Thank Flag Link Wed Jun 23, 2010
That's a tough question and depends on where in the process the borrower is and who the lender is. Generally, 2-6 months is probably the norm. Anyone who has been unable to make payments and has been served with a foreclosure notice should try contacting the Loss Mitigation dept of their lender to see if something can't be worked out as far as getting payments lowered so they can keep the house. If they have a lawyer, they might talk to him/her and see if they can help. Barring all that, start looking for alternate housing immediately as it usually takes time to find a suitable rental, pack and move. I hope this helps.
0 votes Thank Flag Link Sat Aug 23, 2008
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