Foreclosure Time Line Explained in Detail

This short but easy- to- understand tutorial takes you from the pre-foreclosure stage all the way to the short sale. It also covers what happens as the bank processes the foreclosure to the sheriff’s sale, redemption period and finally to the REO/short sale period.

Minnesota Investment Real Estate has an excellent article on the foreclosure time line, complete with definitions.

 

This short but easy- to- understand tutorial takes you from the pre-foreclosure stage all the way to the short sale.  It also covers what happens as the bank processes the foreclosure to the sheriff’s sale, redemption period and finally to the REO/short sale period.

 

There is a lot of good solid info that can help  anyone just getting started in real estate investing.

 

Read  Buy the Short Sale or Wait for the Foreclosure?

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