statute of limitations: Question? How long can a home remain in foreclosure? - 08/21/10 01:17 PM
How long can a home remain in foreclosure?  Is there a statute of limitations on the amount of time a lender has until they must refile a foreclosure action or can it go on indefinately? 
I have a colleague who has his home in foreclosure with Bank of America for four years now.  I cannot locate the statute on this.  Does anyone know the answer?
Thank you in advance! 
Diane Wheatley, Broker
 
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Diane Wheatley, Broker, SoCal Real Estate Expert (909) 815-4499 (Move Up Properties)

Diane Wheatley

Broker, SoCal Real Estate Expert (909) 815-4499

Rancho Cucamonga, CA

More about me…

Move Up Properties

Address: 2335 Foothill Blvd., Suite 5, Upland, CA, 91786

Office: (909) 981-5400

Mobile: (909) 815-4499

Survived the mortgage meltdown and live to teach others how to buy and sell in the "move up" market in California.



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