Depends on state law.

Depends on the state where the property is located, consult with a local real estate attorney.

Stop Paying your mortgage.

NOD

NOS

Foreclosed!

Bryan,

The best information would be from your local well versed real estate attorney.

Depends .... Ask a real estate attorney in your locality.

It varies by state.  Hope you never have to personally find out!   If you're working with foreclosures as an agent, be prepared for a long process.  

I call my attny and he handles it, fortunately we have only had to do it once on a land contract.

It's different in every state. 

Brian Burkhalter - it is up to the lender and local/state laws.

It is spelled out in the mortgage or deed of trust document. It is not the same in all states.

Depends on the state laws

Where do you live, and what are the laws of your state?  

It depends on your state as each state law is different. Take NH, the lender can send a notice of default, post the foreclosure auction for 3 consecutive weeks and foreclose on the 4th week. Done

Each state is different..check your state's procedure. Looks like Joseph Domino 480-390-6011 has produced some good information for you.

Brian Burkhalter It depends on the state, ask n attorney or title company.

Depends on the state you life in. Judicial vs non judicial.

Every state is different regarding the procedure, but I noticed you are in UT, so I can say that you are in a Deed of Trust state, That means that foreclosure is non-judicial. You start the process by providing "notice" and then follow the steps required by your state. You do not have to go to court in most cases.  We have a similar process here in AZ and we actually have services that you can hire that will handle the entire process very inexpensively.  You may have something similar there.

Try doing an internet search on the subject. You will find several sites that detail the process for Utah.

What Mary Yonkers & Ron and Alexandra Seigel (and others) said....-Kasey

Follow the laws in your state.

&^*%&^%#$&^%@&*^#%@#^%&^#%&^#@&^@

Don't pay your bills and you'll find out first hand!

## you don't pay your mortgage the lender takes it back ## Default notice is filed. Sale date is set and published. Home is foreclosed.

Brian Burkhalter State laws dictate what the procedure is here.

## It depends on the state.  

Mary Yonkers nailed this one!

Depends on the state. If you are interested in CA, give me a call. I work with distressed sales. Little or no reason to allow foreclosure on your records. 

Pick up the phone and call your attorney.

Whether you are the resident or owner, the bigger crooks high the better lawyers. Banks have LOTS of high priced lawyers.

Title company can comment well on this...Google for the quicker response

Talk to a bank.

 Judicial here in Florida.

Consult a real estate attorney in your area.

State law - 

You'll need to review the laws pertaining to foreclosure in your state they won't be the same Virignia's foreclosure is much different from neighboring states.

I think it is a credit swap thing of sorts where no money changes hands because nobody has the note or standing to make a claim.

Google MERS litigation.