Kansas foreclosure process

According to the laws of Kansas foreclosures, foreclosure properties can be administered only through judicial proceedings. The normal processing time in Kansas foreclosure varies from 7-8 months.

Period of Pre-foreclosure

A foreclosure takes place in Kansas only when the borrower or the homeowner is unable to pay his monthly mortgage payment or when the borrower defaults on his loan payment. In such a case, the foreclosure law in Kansas allows the lender to file a petition or complaint in the court that will enable him/her to foreclose the borrower’s property.

Once the complaint is filed in the court, the court directs a notice towards the borrower, and it is usually sent by the county sheriff or dispatched by mail. If the borrower is unavailable then the court can direct the county sheriff to publish the foreclosures sale notice in newspapers.

Once the notice from the court is published in newspapers or delivered, the borrower gets a minimum of 20 days within which he/she will have to respond. If the homeowner or borrower is unable to respond during the stipulated time period then the court will pass a judgment ruling the borrower to be at default. In such a situation, the borrower will have not more than 10 days to make the balance amount due payment. If the borrower is unable to make the payment within the 10 days then the foreclosure sale will proceed.

Auction Notice

The Kansas court will order the office of the county sheriff to publish the auction notice in any of the local newspapers at least once in a week for three consecutive weeks. In a period between 7 days and 14 days from the publishing date of the final notice, the county sheriff will order the foreclosure sale. The lender has the right to dictate the bidding price. Once the foreclosure sale is over, the winning bidder will receive a certificate from the county sheriff’s office for purchase of the property.

According to the foreclosure law in Kansas, there is a redemption period valid for any borrower and it starts on the date of the sale although the time duration can vary. If the borrower has paid more than 1/3rd of the principal then the redemption period will be for 12 months. But if the borrower has paid any less than 1/3rd of the principal amount then the redemption period will be three months. To redeem the property, the borrower will have to pay not only the winning bid amount but also any interest or fees attached to it.

Foreclosures List – The quick and easy way to find foreclosed homes for sale

For those looking to buy their first home, a picturesque vacation property or a valuable and profitable real estate investment for a great price, house foreclosure listings can be an incredible option. A house foreclosure listing is similar to other types of real estate listings you might find on the open market; it lists property statistics and photos, contact information, and some vital facts about the location, as well as the sale date. However, whereas other properties are available through real estate agents and brokers, a home foreclosures listing is a guide to a property available through a non-traditional sale that gets much less publicity than other types of home sales.

It all starts when a homeowner can no longer make the adequate monthly payments on their home mortgage loan and goes into default. Once this occurs, the lender will have no choice but to seek to repossess the property through foreclosure and sell it at auction. For all intents and purposes, this is basically the origin of the sale you'll see listed in house foreclosure listings.

But what makes house foreclosure listings so special is that these sales offer some of the best chances to buy discounted real estate anywhere. Since the lender is only looking to retrieve the unpaid portion of the mortgage loan, and not its full amount, they'll often only sell the property for enough to cover the amount owed in debt. In fact, most properties sold through house foreclosure listings end up going for anywhere between 10 and 50% below what they would normally fetch on the open market!

This makes house foreclosure listings some of the most valuable and desirable real estate commodities out there. The trouble is, they are often very difficult to locate, especially in quantity. Since they are for non-traditional sales, they are not advertised in the traditional venues, and thus it can take some work to dig them up. That's where MostlyForeclosures.com comes in.

As a leading real estate business with thousands of contacts in the industry all over the nation, we are able to maintain a constantly updated database of over 500,000 house foreclosure listings currently available in towns, cities and states all over the country. We can help anyone find the types of homes they need in the locations they want, and teach them how to get them for the best prices possible! Come search for foreclosure home listings with our expert team today and save lots of money on your next home purchase!

Foreclosure Listings Can Help You Find The Best Home

Having a source for foreclosure listings can literally save you a lot of money. There are many online real estate companies who can provide you with listings of foreclosure but not all of them are authentic. You need to search over the internet for a reliable company. The few aspects that will confirm the reliability of a foreclosure listing source include the number of members they have, the reputation, the page ranking, customer service, experience in the industry and the information provided etc. Once you find such a company, you can take up a trial membership with them for a limited period of time.

Signing up with a foreclosure listing source means that you will be able to browse through thousands of foreclosure homes throughout the country. If you are looking for a home in a specific county or even neighborhood then the foreclosure listings will assist you in your search. The detailed foreclosure lists provide information about the city, county, and locality of a property. It will also provide you information about the price for a particular home, the various options you have in terms of residential or commercial property, the total amount of space in square feet and other relevant information. All home foreclosures are sold through a public auction where the highest bidder gets the home.

There are certain key areas that are covered by foreclosure listings and they are:

A good foreclosure listing source will provide you with technical specifications and the price tag. This will assist you in getting a mortgage or loan for the amount. It is important to have a loan ready as you will need to pay up the entire amount immediately after the bid or with a short span of time after the bid.

The listings of foreclosure can vary from company to company. You can find certain specific lists with specific agencies like a HUD home list will be available with the HUD department. All VA foreclosure homes will be listed in VA foreclosure lists. If you are looking particularly for a HUD home then these specific lists will work fine but if you are looking for any type of home then a much more detailed listing is required.

Most foreclosure lists will provide information helpful for an investor especially when it is about handyman specials. Handyman specials are those properties, which require little bit of repair and investors buy these properties do the repair and sell it off for a good price.

What does Washington foreclosures Offer?

Washington doesn’t just offer some of the best homes but also beautiful and green surrounding environments where you will get to hear the chirping of the birds, see the glowing red of the early morning sun and go off to sleep with the comforting breeze in the night. No wonder they call it the evergreen state. Imagine this: You buy one out of the many home foreclosures in Washington and you get with it a small pond for a garden with ivy trees trying to find its way through a maze of concrete and bricks. Sounds unreal but it is true. Washington is one of the best places to have a home in.

Washington has a robust economy and you can find a landscape that varies from apple orchards to rainforests. You can enjoy a nice starlit dinner at your home of take a walk through the wilderness of Colville or Okanogan National forest. Washington will pull you like a magnet and the cost of living here is 3% more than the national average, and the housing cost is 2% higher than the national average. That’s why the best way to enjoy Washington is by buying Washington foreclosed homes at some of the cheapest rates.

Foreclosure activity in the Green State

Foreclosure activity in Washington saw an increase of 45% in August of 2005. There are 20 counties in Washington State and the overall foreclosure rate was one in every 3,256 homes. The high number of Washington foreclosures for sale in 2006 has opened a box of investment opportunities for both homeowners as well as investors. Investors can now buy a HUD or VA home and use it as a seasonal home or sell it off. They also have the option of buying handyman specials at almost 25% discount. These Washington bank foreclosures are homes that need some amount of repairs. As an investor, you can buy a handyman special, get the repair work done and make it look like new. Once that is taken care of, you can sell these Washington foreclosure homes for a good profit. There are many investors who have made a business out of buying and selling Washington bank foreclosures.

As of homeowners, there are many options to choose. If you are looking for a apartment or condominium then you can find some of the nicest apartment in some of the up market areas through Washington foreclosure listings. If you are looking for a normal two bedroom or three bedroom homes then you can also find them through the lists provided by the HUD, VA, or lenders. Bank foreclosures in Washington are sold through an auction at a discounted price as the lenders try to cover their losses as much as possible through this. So if you are looking for Washington foreclosure homes then this is the right time to buy one.

Foreclosure Homes in Iowa: Giving First-time Buyers Hope

Included in the great American Dream is to own a home. Sadly, it has become harder and harder for many to achieve this. With the rising cost of living, many families content themselves with renting apartments. Although in states like Iowa, majority of the housing units is family-owned. If your family is looking forward to a place they can call home, then you should seriously consider the possibilities that these Iowa foreclosure homes can offer.

For starters, these foreclosure homes in Iowa are considerably affordable. Since these homes were repossessed from their owners due to mortgage default, buyers can expect the prices to be significantly lower than their market prices. Sellers of these real estate foreclosures even offer greater discounts as well as additional incentives in order to beat the other sellers' offers. To attract multiple offers, these sellers enter into listings contract with foreclosure brokers like E-Foreclosuresearch.com.

Buyers will also be delighted with the fact that there are literally hundreds of Iowa home foreclosures to choose from. There are distressed properties, bank foreclosures and even HUD foreclosures. All these real estate foreclosures offer buyers with much return potential. If they want to save much and still enjoy a beautiful pace to call home, these foreclosure properties are the logical choice. First time buyers should really consider these homes instead of buying newly-constructed housing units.

Owning a home should not be difficult especially in Iowa. All you have to do is to look for reliable foreclosure listings that will make your search easier and simpler. As of July this year, the state ranks 28th among the highest in foreclosures rate and the market, with one foreclosure filing for every 621 homes. Compared to last year, Iowa experienced a considerable increase in foreclosures rate, resulting to a market that favors buyers.

Homes Offered Through Seattle Foreclosures Provide Chances of Enjoying the Good Life

Potential buyers of homes offered through Seattle foreclosures for sale would know that these properties are full of potentials, whether used as investments or as houses lo live in. Most foreclosure homes in the city are in their prime condition, structurally sound and conveniently located. These features are important for residents of this large city who have varied interests and business activities. Those wishing to relocate and immerse themselves in the unique lifestyle offered by the city can avail of affordable homes through Seattle foreclosures for sale. The city is also included in the top 20 metropolitan areas with highest per capita income, indicating a considerably high quality of life. This is also reflected in the fact that Seattle has the most number of educated residents than any other city in the country, in support to its large high technology industrial sector.


There are a lot of property development activities in the city’s numerous neighborhoods. South Lake Union, for one, is slated to be the location of a waterfront center, with educational and recreational facilities, as well as housing and commercial properties. This is expected to further increase the city’s desirability as place of residence and business, providing impetus for purchasing homes through Seattle foreclosures. Other features that will enhance the quality of life in Seattle is its proximity to Mt. Rainier, Puget Sound, and the Cascade and Olympic Mountains, providing not just beautiful views but also outdoor recreation venues. Within the city are numerous museums and venues for performing arts, enough to keep locals entertained and enlightened. Seattle also has large communities of different ethnic origins, as well as a sizeable gay, lesbian, bisexual, and transsexual community, enhancing the colorful lifestyle that is uniquely Seattle’s. No wonder a lot of people are interested in perusing Seattle foreclosure lists, with all the advantages and benefits of living in this excellent metropolitan city.

Buy Wisconsin Foreclosure Homes for a Choice of Pastoral or Urban Lifestyle

The number of Wisconsin foreclosure homes has always remained high in the last few years and latest figures indicate a continuing trend. Though high foreclosure rates have pronounced implications on the financial and real estate sectors, this is quite a boon for those seeking to invest or move into a high value home offered at such an affordable price. Nicknamed the Badger State, Wisconsin is a state rich in natural resources. The numerous lakes around the region offer plenty of opportunities for water sports and recreation, while living the idyllic life within a lakeshore community. Its forested areas have ample hunting grounds. With several state parks, there is no shortage for outdoor activities like hiking and camping. While residents of rural areas are decidedly enjoying most of what Mother Nature has to offer, urban communities also offer their own kind of attractions. Milwaukee, for one, is the location of the country’s largest music festival, the Summerfest. Most of home foreclosures in the city and the rest of the state are priced well below $150,00o, another reason why purchasing Wisconsin foreclosure homes are nothing but a sensible strategy.

The whole state depends largely on farming, being the top dairy producer of the country. With lots of pastoral lands devoted to this sector, some of Wisconsin foreclosed homes are well situated in areas where idyllic, breathtaking landscapes are just outside their front doors. Urban dwellers, on the other hand derive their living mostly from meatpacking and manufactures industries in the region. Paper is also a major product of the state, with much of its lands successfully reforested. Wisconsin’s location at the shores of Superior Lake has fostered the growth of shipping and water transportation sectors. Institutions of higher learning also abound, headed by the many campuses of the University of Wisconsin. This and a whole lot more have provided sound impetus for most to select and acquire Wisconsin foreclosure homes from the numerous listings available.