how a home goes into foreclosure

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Landmark Premier Properties Brian Janes --- Steve Eastin 401 Arapahoe St / PO Box 111 Kiowa, CO, 80117 Office: 303-646-1171 Fax: 303-646-2332 landmark@landmarkpremier.com www.landmarkpremier.com Lic. #: 34343

how a home goes into foreclosure

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How does a home go into foreclosure?

Foreclosure proceedings usually begin after a borrower has skipped three mortgage payments. The lender will record a notice of default against the property. Unless the debt is satisfied, the lender will foreclose on the mortgage and proceed to set up a trustee sale.

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