How much time does a homeowner have to stay in their property when a Foreclosure Sale is set ?

 

In Fort Lauderdale FL, South Florida or in any county in the State of Florida, a Court will set a Foreclosure Sale after a Final Judgment is entered.  Depending on how the Court rules, a Foreclosure Sale will be set between 45 to 120 days.   If during this time, a homeowner is not attempting either a loan modification or selling their property via short sale, it will be highly unlikely that the Court will cancel the Foreclosure Sale. If a Foreclosure Sale is not cancelled, the homeowner will eventually lose their property and will not be entitled to the benefits of a loan modification and/or a short sale.   If you are a homeowner in South Florida or any county in the State of Florida and your home has been set for a Foreclosure Sale, contact the Law Office of Brian P. Kowal, PA today at (954) 990-7552.  You can speak directly to Brian and he will help you make an informed decision regarding your options.