Florida Foreclosure LawFacts: Judicial Foreclosure Available: Yes Non-Judicial Foreclosure Available: No Primary Security Instruments: Mortgage Timeline: Approximately 180 Days Right of Redemption: Yes, for a brief period of time and subject to a court procedure Deficiency Judgments Allowed: Yes Quick Summary: In Florida, lenders may foreclose mortgages in default using a judicial foreclosure process only.
The foreclosure timeline in Florida is approximately 180 days from the time you miss your first payment until a Notice of Default or Notice of Sale is issued to your actual foreclosure date and sale.
Florida borrowers are allowed deficiency judgments and have the right of redemption only for a brief period of time and a subject to a court procedure.
For more information on Florida Foreclsoure laws and regulations visit http://www.ncsl.org/public/leglinks.cfm and click on your state. Or Contact: Florida's Attorney General's Office How Can SaveMeFromForeclosure.com Help Stop Foreclosure on My Home? We can help you either Keep or Sell Your Home to Avoid Foreclosure. Fill out our quick questionnaire and your local SaveMeFromForeclosure.com representative will contact you about how we can help you stop foreclosure today. Want to talk to someone now? Contact us at 1-888-I-Save-80 (1-888-472-8380). |