As many of you know, Minnesota state law determines the steps that lenders and servicers must take in order to foreclose on a residential property in Minnesota. Back in 2008, the Center created a visual timeline of this process and it quickly became one of the most frequently downloaded documents from the Center's website.
We’re pleased to announce the Center has created a new and improved Minnesota foreclosure timeline graphic!
This consumer-friendly chart is an Infographic with pictorial representations of the different stages of foreclosure, in addition to text that helps explain each step.
Here's an sample of the new graphic:
A high-quality PDF version is available on the Center's website (along with over a dozen other helpful fact sheets), here.
If you, or someone you know is facing foreclosure or struggling with mortgage payments - THERE IS HELP. The Center's network of Foreclosure Prevention Specialists are available to help... and all services are FREE. Click here for more information.