| If in spite of your best efforts, you have not | | | | Iowa: 7 months |
| been able to stop foreclosure, there is a tiny | | | | Kansas: 120 days |
| bright spot. In many cases, you have at least | | | | Kentucky: 7 months |
| three months before you have to move. In some | | | | Louisiana: 6 months |
| cases, you have upwards of a year. | | | | Maine: 8 months |
| This is time that can be used to either keep | | | | Maryland: 5 months |
| working towards a mortgage modification, home | | | | Massachusetts: 5 months |
| sale, short sale or refinance. Or, as a time to get | | | | Michigan: 90 days |
| your finances together to secure your next | | | | Minnesota: 120 days |
| dwelling. How can this be? Here, we explain. | | | | Mississippi: 120 days |
| Pre-Foreclosure: What It Is & How It Can | | | | Missouri: 90 days |
| Work to Your Advantage | | | | Montana: 6 months |
| When you are initially contacted by your lender, | | | | Nebraska: 120 days |
| you are sent a Notice of Default (an NOD). This | | | | Nevada: 120 days |
| notice puts the homeowner on notice that their | | | | New Hampshire: 90 days |
| mortgage is in default and that they need to take | | | | New Jersey: 9 months |
| action to get current. At this juncture, the lender | | | | New Mexico: 5 months |
| is either unable or unwilling to proceed with formal | | | | New York: 10 months |
| foreclosure proceedings. | | | | North Carolina: 120 days |
| In essence, pre-foreclosure is the beginning stage | | | | North Dakota: 120 days |
| of the foreclosure process. There is still time to | | | | Ohio: 8 months |
| work with the lender. If you know that you won't | | | | Oklahoma: 7 months |
| be able to, then it's time that can be used to | | | | Oregon: 5 months |
| prepare to move. | | | | Pennsylvania: 8 months |
| The period between pre-foreclosure and formal | | | | Rhode Island: : 90 days |
| foreclosure varies from state to state. In some | | | | South Carolina: 6 months |
| states, it's as little as 30 days; in others, it can be | | | | South Dakota: : 120 days |
| upwards of a year. | | | | Tennessee: 90 days |
| Following is a state-by-state Breakdown of How | | | | Texas: 60 days |
| Long It Takes from the Time a NOD is issued to | | | | Utah: 5 months |
| the Beginning of Formal Foreclosure Procedures | | | | Vermont: 9 months |
| Alabama: 90 days | | | | Virginia: : 120 days |
| Alaska: 120 days | | | | Washington: 5 months |
| Arkansas: 90 days | | | | West Virginia: 4 months |
| Arizona: 90 days | | | | Wisconsin: 9 months |
| California: 120 days | | | | Wyoming: 90 days |
| Colorado: 5 months | | | | Following are two things to keep in mind regarding |
| Connecticut: 6 months | | | | these time frames: |
| Delaware: 7 months | | | | (i) in this foreclosure crisis, it's taking lenders longer |
| District of Columbia (DC): 120 days | | | | to foreclosure in most instances; and |
| Florida: 6 months | | | | (ii) the NOD (formal Notice of Default) is |
| Georgia: 90 days | | | | commonly filed 3-4 months after a mortgage |
| Hawaii: 7 months | | | | holder is delinquent. |
| Idaho: 8 months | | | | What this means, in essence, is that you add this |
| Illinois: 7 months | | | | time to the time frames listed above. |
| Indiana: 7 months | | | | |