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Are Foreclosures Taking any longer Than they used to?

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    #1

    Are Foreclosures Taking any longer Than they used to?

    Are Foreclosures Taking any longer Than they used to?

    Meaning is the bank so busy right now that they are becoming "slow" on foreclosing?

    thanks, techno
    Tags: None
    #2
    From what I've seen, foreclosures in some states have been going more swiftly. For example, Ohio was about 12 to 18 months, but recently, the process is 6 to 8 months.

    If you have access to County Departments (recorder's office, sheriff's office, court recorded documents, civil case dockets and ect.) in your county, you can check foreclosures and then look up the case docket and see how long it is taking.
    Last edited by BassBoy; 11-15-2007, 09:06 AM.
    Bankruptcy History:
    Chapter 7 filed - 10/12/2005 - Asset
    Discharged - 02/16/2006
    Case Closed - 11/08/2007

    A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain ~ Mark Twain

    All suggestions are based on personal experience and research and SHOULD NOT be construed as legal advice as I am NOT an attorney. Always consult with competent counsel in your area with regards to your particular situation.

    Comment

      #3
      With as many foreclosures that going on right now, I'm sure they are totally "backed up" on them.......

      The auctioneers are having a "hay day".................
      Minny

      "It's amazing the paths that our feet sometimes follow in life".

      My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

      Comment

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