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How do lenders foreclose on properties?

April 26, 2017foreclose lenders properties

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How do lenders foreclose on properties?

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Every State has different laws regarding the foreclosure process. Learn more about foreclosure laws in your state by going to the State foreclosure laws at ForeclosedHomes.com. Depending on the States Foreclosure Laws a foreclosure starts after a homeowner fails to make their loan payments for around 90 days and a lender records a notice of default with the county courthouse or files a lawsuit against the property owner.