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New Jersey Foreclosure
I live in Colorado and I have a second home in NJ. I lost a renter and now I'm 2 months behind in payments. Kevin, I noticed you are from NJ, can you give me a time frame of how long it takes for a lender to foreclose in NJ?
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Steve,
In NJ, the approximate time it takes after a notice of default is filed is approximately 9 months. Keep in mind that the notice of default is generally filed 90-120 days after the account becomes delinquent. So, in your case you still have approximate 30- 60 days and than another 9 months. Below is an approximate list of all the other states after the Notice of Default is filed. If you have any questions feel free to post them on the forum. Thanks for the question.
STATE........ PERIOD
NEW JERSEY......9 MONTHS
ALABAMA.........3 MONTHS
ALASKA ........ 4 MONTHS
ARKANSAS........ 3 MONTHS
ARIZONA ........ 3 MONTHS
CALIFORNIA........ 4 MONTHS
COLORADO........ 5 MONTHS
CONNECTICUT........ 6 MONTHS
DELAWARE........ 7 MONTHS
DC........ 4 MONTHS
FLORIDA ........ 6 MONTHS
GEORGIA ........ 3 MONTHS
HAWAII ........ 7 MONTHS
IDAHO ........ 8 MONTHS
ILLINOIS........ 7 MONTHS
INDIANA ........ 7 MONTHS
IOWA ........ 7 MONTHS
KANSAS ........ 4 MONTHS
KENTUCKY........ 7 MONTHS
LOUISIANA........ 6 MONTHS
MAINE ........ 8 MONTHS
MARYLAND........ 5 MONTHS
MASSACHUSETTS........ 5 MONTHS
MICHIGAN........ 3 MONTHS
MINNESOTA........ 4 MONTHS
MISSISSIPPI........ 4 MONTHS
MISSOURI........ 3 MONTHS
MONTANA ........ 6 MONTHS
NEBRASKA........ 4 MONTHS
NEVADA ........ 4 MONTHS
NEW HAMPSHIRE........ 3 MONTHS
NEW MEXICO........ 5 MONTHS
NEW YORK........ 10+ MONTHS
N. CAROLINA........ 4 MONTHS
NORTH DAKOTA........ 4 MONTHS
OHIO ........ 8 MONTHS
OKLAHOMA........ 7 MONTHS
OREGON ........ 5 MONTHS
PENNSYLVANIA........ 8 MONTHS
RHODE ISLAND........ 3 MONTHS
S. CAROLINA........ 6 MONTHS
S. DAKOTA........ 4 MONTHS
TENNESSEE........ 3 MONTHS
TEXAS ........ 2 MONTHS
UTAH ........ 5 MONTHS
VERMONT ........ 9 MONTHS
VIRGINIA........ 4 MONTHS
WASHINGTON........ 5 MONTHS
W. VIRGINIA........ 4 MONTHS
WISCONSIN........ 9 MONTHS
WYOMING ........ 3 MONTHS