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What is a Lis Pendens or pre-foreclosure?

LIS pendens pre-foreclosure
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What is a Lis Pendens or pre-foreclosure?

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Lis pendens is Latin for “suit pending.” It’s the earliest point in the foreclosure process when the public can be notified that a property is facing foreclosure action. Typically, the property owner is at least 60 days’ delinquent on the mortgage payments by the time this occurs.

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