How Long Can I Live In My House After Foreclosure ?

Foreclosure is a long drawn process. The mortgage company usually initiates a foreclosure process if the borrower has been defaulting on the payments. The lender has a minimum notice period to comply before filing for a foreclosure. The court demands that the lender gives a minimum of 60 days notice period to the borrower, and also confirm that they have tried enough number of times to contact about the impending foreclosure.

How Long Do Short Sales Take ?

The short sale is one of the fastest methods through which you can sell a property. However, a short sale comes into effect only after the lender gives his approval for the sale. The approval is the biggest factor which decides the time line for the short sale.