My last payment was Jan. 15; but it seems the clock started ticking when I missed my payment on Feb. 15.
Chase and Countrywide (primary and HELOC lenders) are telling me that the foreclosure begins on May 15, the three-month mark, if I’m understanding them correctly.
But what I want to know is, when would the foreclosure be done with?

Our friends’ neighbor is going to foreclose on his house (he has been gone for almost 2 months and already has skipped town). It is early in the foreclosure process because he just received his 2nd notice a few days ago. My girlfriend and I would like to buy the house because we think we can get a good deal on it and were wondering how long until this property hits the market as “lender owned”?
Also, would we get a better deal by inquiring about the house now or if we waited until it was lender owned?

Well I had a foreclosure 7 years ago. Is it true that records cleares after 7 years?

Foreclosure has started, getting ready to move now, how long am I liable for the home?

My townhome is scheduled for foreclosure sale date May 13th 2009.
My chapter 7 bankruptcy will be filed 3/25/09. How long will this delay the foreclosure sale?