What are the foreclosure timelines in my state?

In the state of Washington, the foreclosure timeline typically begins when a homeowner falls behind on their mortgage payments. The lender will then file a notice of default with the County Clerk, which is the official start of the foreclosure process. The homeowner will then have 90 days to make up all of the past due payments plus additional costs for legal fees and late charges. If the homeowner does not make up the payments within this time frame, the lender may then file a notice of sale. This triggers the auction process, where the lender attempts to collect the past due mortgage payments through the auction of the property. Once the notice of sale is filed, the homeowner has 20 days to object to the auction. The homeowner should also contact an attorney to look over the sale documents. After the 20 days, the auction will be held, usually at the county courthouse. The highest bidder at the auction will be awarded the property. At this point, the homeowner has five days to redeem the property by paying off the past due mortgage payments and legal fees. If the homeowner fails to redeem the property, the new owner will be able to take possession. In Washington State, the foreclosure process usually takes around three to six months overall. However, it is important to keep in mind that the timeline can vary depending on the lender and the amount of time it takes for the foreclosure documents to be filed and approved by the court.

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What are the foreclosure timelines in my state?

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