Colli Real Estate

The closing timing depends on the laws of your particular state. For example, seizures may occur as early as 30 days in Alabama and take up to 10 months in Delaware. This article gives the approximate timeline of foreclosure in every state.

Ala. – 30-60 days
Alaska – 90 days
Arizona – 90 days
Ark. – 120 days
California – 120 days
Colo – 60 -180 days
Connecticut – 60-150 days
Delaware – 90-300 days
Florida – 180 days
Georgia – 90 days
Hawaii – 60 days
Idaho – 150 days
Iowa – 150 days
Illinois – 210 days
Ind. – 150 days
Kansas – 120 days
Kentucky – varies because each judge took the time instead of having a schedule for completion of a legal mortgage.
Louisiana – 60 days
Maine – 90 days
Maryland – 60 days
Massachusetts – 90 Days
Michigan – 60 days
Minnesota – 60 days
Mississippi – 60 days
Missouri – 60 days
Montana – 150 days
Nebraska – 180 days
Nevada – 120 days
NH – 60 days
New Jersey – 90 Days
New Mexico – 120 days
New York – 120 days
North Carolina – 60 days
North Dakota – 90 days
Ohio – 150 days
Oklahoma – 90 days
Oregon – 120-180 days
Pennsylvania – 90 days
Rhode Island – 60 days
South Carolina – Highly variable, since each judge set the time instead of having a timetable for the implementation of a legal mortgage.
South Dakota – 90 days
Tennessee – 60 days
Texas – 60 days
variable Utah – highly, because each judge set the time schedule rather than a statutory limitation.
Vermont – 210 days
Virginia – sixty days
Washington – 120 days
Washington, DC – 60 days
West Virginia – 60 days
Wisconsin – 90 days
Wyoming – 90 days

These periods are the general guidelines of the date of the notice of default is recorded in the auction of the property. The timing of Foreclosure above do not include the repayment period.

Period Redemption is a moment where owners can buy their property at a price of the auction. Only half of states that have and will in time of 10 days in New Jersey to a full year in Ohio.

Over the period, the owner may take some series of measures to stop foreclosure. They can make current payments, to sell the property, either by traditional means or a short sale, get funding, or turn the house to the lender a deed in lieu of foreclosure.

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