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How long does foreclosure take in South Carolina? If the foreclosure sale is uncontested, foreclosure generally takes four to six months.
If you choose to file an answer, you must do so within 35 days from the date that you receive the summons and complaint; and you must include a completed Foreclosure Case Information Statement, a Certification Pursuant to Court Rule -1 and the $175.00 filing fee ($250 for Answers with Counter-Claim, Cross-Claim and/ ...
#1 - Reinstating Your Mortgage. #2 - Negotiating a Workout. #3 - Refinancing Your Home. #4 - Arranging A Short Sale Of Your Property. #5 - Arranging a Deed in Lieu of Foreclosure (Giving Up the Property) #6 - Setting Up A reverse Mortgage. #7 - Giving Up your Home. #8 - Strategic Default.
A default hearing is set when the party seeking foreclosure files a motion for default judgment. The motion is filed when at least one party to the case has not filed a timely answer. At the hearing, the magistrate will explain the foreclosure process.
No later than 45 days after a missed payment, the servicer must inform the homeowner in writing about loss mitigation options that might be available, and. a foreclosure generally can't start until the homeowner is more than 120 days delinquent on the payments.