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after a lender take ownership of a forclosure, how long after will it goes on the market for sale

  • May 27 2013 - Weber Ranch
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Answers (2)

Are you sure the lender has taken ownership? There is the possibility that an investor will buy it at the last point of the foreclosure process, the trustees sale. Or it could be sold in a bulk sale with many other homes to a large scale investor. If it's vacant it takes a month or maybe a little more. Keep checking the home for notices posted in the front windows for a clue as to which Realtor will sell the home. Good luck! - Brad

Brad Young
PMZ Real Estate
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  • May 28 2013
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There is no lender timeline on when the property should go on the market.  If property is still occupied, lender will have to file for an eviction case.  Some former homeowners are filing a wrongful foreclosure against the lender which is causing more delays.  A foreclosed property cannot be put on the market for sale unless it is vacant and cleaned up.
  • May 27 2013
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