How long does my lender take to foreclose after I miss my first payment?
How long does my lender take to foreclose after I miss my first payment?
Generally speaking in the state of Arizona, most lenders file notice of defaults within 90 days of missing your first payment. We have seen lenders not file for over a year and some as little as 30 days. Since we don’t know when it will be, we can tell you that when they do file it, we are on the 90 day timeline. We need to get it extended and/or approved to close as a Short Sale. We’ve had huge success getting Short Sales extended on multiple occasions and sometimes indefinitely.
Tags: FAQ, Short Sale


Sun, May 9, 2010
FAQs