Hi all, located in FL, USA.
A month ago, I was behind 3 months of payment and received a “Notice of Intent to Foreclose” letter stating I need to pay by the beginning of August all 3 payments, or else they will start the foreclosure process.
Two weeks ago I made one payment and today I receive a letter saying I am now 2 months behind and can pay by the end of August, giving me almost another month to pay. I understand from this that if you catch up on payments, the foreclosure process gets pushed back as well by each month you pay.
So can I make late payments indefinitely pushing back on the acceleration to foreclose date? I know my credit will take a hit with the late payments but this is the only thing I can afford to do right now.
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source https://www.reddit.com/r/RealEstate/comments/cjjtio/received_notice_of_intent_to_foreclose_delay_as/
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