When a property enters pre-foreclosure, there is usually a period of at least 2-3 months for the owner to reinstate the property by paying off the amount that is in default.
It’s important to find out if a property has been reinstated before proceeding because the reinstatement will stop the foreclosure process.
Probably the best way to find out if a property has been reinstated is to contact the attorney or trustee that is assigned to the foreclosure.
The trustee cannot and will not typically answer questions about the property; they can however let you know if the property is still in foreclosure or not.
United States Pre Foreclosures
Hans Anderson
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