What is the Illinois foreclosure process?

Answer All foreclosures in Illinois use the judicial process. According to Stephen Elias, author of "The Foreclosure Survival Guide", a judicial foreclosure is executed by the court of the county to whic... Read More »

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What is the foreclosure process in Michigan?

Most foreclosures in Michigan use the non-judicial process. A non-judicial foreclosure does not need to go through the court of the county to which the property belongs. Non-judicial foreclosures a... Read More »

Indiana Foreclosure Process?

The foreclosure process begins when a homeowner stops making payments on his or her mortgage for a period of time, which then forces the mortgage company to seize the home. Depending on the homeown... Read More »

How lengthy is the foreclosure process?

The foreclosure process can take anywhere from 6 months to 2 years from the time a first payment is missed. The time frame depends on a lender's willingness to adjust loan terms, the homeowner's ab... Read More »

How to Understand the Foreclosure Process?

Foreclosure properties can be an inexpensive source for that new family home or investment property, but for first-timers the process can be daunting. Buying foreclosures is different from buying o... Read More »