How Long Does It Take For Most 2nd To Foreclose?

I've heard many mixed opinions on this. The sellers are 2 months behind on both the 1st and 2nd. 2nd claims they want to foreclose no matter what and believes they can recoup their losses-----which I am building a case to refute.

I would guess it depends on the state (Kansas) somewhere around 6 months.

Jim confused

Comments(2)

  • Stockpro992nd September, 2003

    THis should be simple to do if you have done due dilligence. Get the figures together and go from there.
    [addsig]

  • TheShortSalePro2nd September, 2003

    Kansas is a judicial, mortgage foreclosure state. Estimates of time required from default range from 6 months to 12 months, depending upon whether the foreclosure is contested.... and don't forget the Right of Redemption

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