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A reverse mortgage can go into foreclosure when:
The owner no longer lives at the property
Property taxes are delinquent
The property is not being maintained
The owner is deceased
A property can go into foreclosure is when the property taxes are not paid for an extended number of years.
A property can go into foreclosure when the owner fails to pay the mortgage for over 90 days.
A property can be put into foreclosure by a homeowners association if the owner falls behind on payments, such as monthly dues, special assessments, or fines.