This is a crucial question, especially if you are approaching or you're already in foreclosure. I suggest that you call your lender to see what stage of foreclosure you're in so you can make moving plans. If your home is already in foreclosure then a buyer can purchase it from the lender directly or wait for the auction.
To answer your question, there is no real time limit for you to be out of the home. A buyer can approach the bank or if there's an auction buy it there and the new owner will come a knockin'.
The new home owner will either ask you to move by a particular date and if you choose not to cooperate the new owner may file an eviction notice with the court. Now if the owner doesn't plan to live there you may be able to work out something so you can stay in the home longer.
The fact is, you don't want to be surprised by something like this. Call up your lender to find out if the property has been sold, so you can plan your next step.
Learn how to stay in your home and save your home from foreclosure
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