Going through several. Which one takes longer? The house where I am living in? A house where I have tenants? Building where I have an operating business(bar/night club) and tenants?
2007-02-28 08:32:31 · 4 answers · asked by girl 1 in Business & Finance ➔ Renting & Real Estate
bank/lender foreclosure, state of Wisconsin and from first lost payment of loan?
2007-02-28 09:26:28 · update #1
I would expect the commercial property to go much quicker. You don't have the same homestead rights as you would in a residential home.
Look up the housing finance agency for your state. They should have plenty of resources or referrals to places that assist people in foreclosure. You may not be able to stop it, but at least you can help getting advice on your rights.
2007-02-28 08:37:38 · answer #1 · answered by Yanswersmonitorsarenazis 5 · 0⤊ 0⤋
You need to give more detail:
-Tax foreclosure?
-Home owner association foreclosure?
-Bank/lender foreclosure?
Also, are you referring to before or from the time the foreclosure starts? Can you specify geographical location. And how is the estate owned?
2007-02-28 08:43:39 · answer #2 · answered by J 3 · 0⤊ 0⤋
Wow, sounds like you hit a really rough patch, Sorry to hear that.
Usually it takes 60-90 days once you have been served the paperwork.
RE Agent
Remax
2007-02-28 10:51:20 · answer #3 · answered by frankie b 5 · 0⤊ 0⤋
Once all the papers are done I think it takes 30 days for a forecloser. I went thru one, but I was out right away. good luck.
2007-02-28 08:36:53 · answer #4 · answered by misty blue 6 · 0⤊ 0⤋