The Foreclosure Process
A lis pendens begins the foreclosure process, often after a homeowner is 90 days’ delinquent.
The foreclosure process takes as long as 18 to 24 months in the region. Some homeowners may try to refinance or modify their loans, or bring their loans up to date during that time. Others will try to sell, declare bankruptcy or fight the foreclosure in court. Finally, there are those who will go...
