Nevada Foreclosure Timeline

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Presentation transcript:

Nevada Foreclosure Timeline Day of Sale Sale conducted Within 2 days of sale Servicer must provide authorization to proceed with sale Redemption Expiration | Approx. 25 days prior to sale Trustee must be in receipt of Mediation Program Certificate to proceed Notice of Sale prepared and sent for recording, posting, and publication Notice of Sale mailed to all entitled parties Notify IRS if a Federal Tax lien is of record Approx. 10 days from NOD recording Notice of Default mailed within 10-days to all entitled parties Forms sent to borrower to enroll in the Foreclosure Mediation Program. Approx. 5 days from NOD recording Notice of Default and Danger Notice posted on property Approx. 120 Days Prior to Sale Notice of Default prepared and recorded Nevada Foreclosure Timeline Updated 02/2016