One of the questions I get asked frequently is what the timeline on a foreclosure looks like. I found this on the internets, though honestly, lenders are a little more aggressive than what this chart lays out. Generally, a notice of default is filed after you've missed 4 months, and then things proceed from there. Here's a rough outline of the process though. There's probably something similar in your jurisdiction (except for California and their crappy No-Deficiency on first mortgages statutes).
Nevada Foreclosure Process
Monday, July 06, 2009
Foreclosure Process
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