Allan Lorenzo's (alorenzo) Blog

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Real Estate Broker/Owner - First Realty Advisors - CalBRE# 01297161
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In a PERFECT SCENARIO, it would take about 7 MONTHS TO FORECLOSE a home in California. If a borrower have not paid his mortgage payments for 90 days, the lender or servicer can send him a Notice of Default, or what is commonly known as NOD. This is usually sent through Certified Mail and usually...
10/14/2010
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