New Jersey Foreclosure Timeline

A foreclosure time is from the day the bank files the foreclosure auction which is usually 90 days after the homeowners stopped paying. In New Jersey the foreclosure time averages at 1,173 days whereas Virginia has the smallest timeline at 201 days.

The longest average foreclosure times were not confined to one area of the country, according to a new study. Here’s where foreclosure timelines were the longest and the shortest.

Source: Foreclosure Timelines, State by State – DSNews