If you are falling behind on bills in Centennial, you need to know the timeline. Ignorance leads to foreclosure; knowledge leads to an exit strategy.
- Day 1-90: The "Pre-Foreclosure" window. This is your golden time to sell and walk away with cash.
- The NED Filing: Once the bank files publicly, you will be bombarded by predatory investors.
- The Auction: You lose control and usually lose all your equity.
Don't let it get to step 2. Read about pre-foreclosure strategies here.
