Dear Friend,

I understand that you are going through a difficult time right now making mortgage payments. I’d like to help you get back on track by helping you sell your home before it goes into foreclosure.

My name is Suzette Shields and I am a licensed Realtor with Keller Williams Legacy. I have lots of tools to help you in this difficult time. I’m not that agent looking for a huge commission or looking for the big next score. I have helped many families out recently by selling their homes. Let me show and help you get out from this unfortunate situation. I would like to sit down with you and go over the services that I can offer you. Dont be embarrased to call, The sooner the better. My door is always open, and I look forward to working together during this difficult time. Here is the Kansas Timeline on the Foreclosure Process.....

Suzette Shields
785-506-2007


 

　KANSAS FORECLOSURE TIMELINE

First 30 days- 

Next 21-62 days

 30 days delinquent – notice from mortgage servicer.

 60-90 days-

60 and/or 90 days delinquent – notice from mortgage servicer. Mortgage servicer sends file to legal for foreclosure process. File can be sent electronically or by other sources of mail. (60 or 90 days delinquency will depend on the mortgage servicer) After the attorney receives the file, it generally takes 10-20 days to institute foreclosure action. Attorney sends 30-day collection letter to request information but does not have to wait 30 days to foreclose.During this time the attorney gets the title.
Borrowers (all parties) are named, includes second mortgages and any liens.

Attorney then places publication in the newspaper for 3 weeks to catch any parties that may have a claim that are not known or on whom service can not be attained. Answer date is 41 days from the first date of publication. State related child support attaches to the mortgage as well.

20 days from date of service-

If served personally, the parties have 20 days from the date of service to file a response.If no answer is filed, the note and the mortgage then merge and a default judgment may be entered after the answer time has expired. If an answer is filed, the party answering can have a hearing.

Within 10-30 days-

After judgment has been entered, you must wait 10 days before you may start execution and have a sale. The notice of sale must be published for 3 consecutive weeks and the sheriff’s sale must be held between 7-14 days after the last day of publication.

Day of sale- 

Sheriff’s sale occurs. At the sale the taxes are collected if they are delinquent, then the At the expiration of the redemption period, a sheriff’s deed will be issued to the holder of the certificate or purchase issued to the purchases at the sheriff’s sale.
Upon the expiration of the redemption period a writ of assistance may be issued by the court o remove anyone from the property and deliver the same to the purchaser at the sale. Once writ of assistance is issued and served, the house must be vacated.
Deficiency judgments are possible, also possible tax implications involved.proceeds from the sale go to payment of the plaintiff’s judgment and then to any inferior liens to the first mortgage.

Redemption period 3-12 months 

3 months if less than 1/3 of the first mortgage indebtedness has been paid – 12 months if lessthan 1/3 of the first mortgage indebtedness is still due and owing. The period for mortgage balances in between is left up to the court to establish.

This redemption period will be dentified as a journal entry in the petition.The borrower can redeem during the entire redemption period but the same is exclusively the right of the borrower for the first 60 days of a 90 day period and in the last 30 days any lien