Add 'Foreclosure Steps And Timeline'

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Foreclosure-Steps-And-Timeline.md

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<br>How Do I.? - Evaluate My Situation
- Alternatives to Court
- Get Help
- Legal Research
- Start/Respond to a Case
- Discovery and Evidence
- Get ready for Court
[- Judgments](https://ethiopiarealty.com)
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<br>Main navigation<br>
<br>- Home
- How Do I.? - Evaluate My Situation
- Alternatives to Court
- Get Help
- Legal Research
- Start/Respond to a Case
- Discovery and Evidence
- Get ready for Court
- Judgments
- Appeals<br>
<br><br>
1. Real Estate and Other Housing
2. Foreclosure
3. Foreclosure Steps and Timeline<br>
<br>Foreclosure Steps and Timeline<br>
<br>This article explains the actions and timeline of a [foreclosure](https://watermark-bangkok.com) case from starting to end.<br>
<br>1. Mortgage in default<br>
<br>Default = 1 day previous mortgage due date
- Lender sends Notice of Intent to Foreclose (generally sent out 45 days after default) and a loss mitigation application<br>
<br>2. Foreclosure filed in Court<br>
<br>- Lender's law [company files](https://alranimproperties.com) Order to Docket. - Can file whenever after 45 days from when the Notice of Intent to Foreclose is sent out (or 90 days in default)<br>
<br>- Lender should wait 28 days after submitting the Order to Docket before filing the final loss mitigation affidavit
- Lender must file the final loss mitigation affidavit a minimum of one month before sale<br>
<br>3. Foreclosure mediation (optional step)<br>
<br>- Homeowner must [file mediation](https://bomja.ir) demand and send out a of $50, within 25 days of:<br>
<br>- The Order to Docket, if final loss mitigation affidavit served at same time
- Receipt of last loss mitigation affidavit submitted after the Order to Docket is filed
- In either case - 25 days from last loss mitigation affidavit<br>
<br>- 45 days after the house owner has been serviced with the Order to Docket if it has a last loss mitigation affidavit submitted with it
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