Example Timeline
1/2/2008 - January payment becomes past due.
2/2/2008 - February payment becomes past due - account is now due for 2 payments.
3/2/2008 - March payment becomes past due - account is now due for 3 payments.
3/5/2008 - Lender sends the Notice of Intent to Foreclose (Act 6 Notice) to the mortgagor. If applicable, the lender will also send an Act 91 Notice that makes the mortgagor aware of the
Homeowners’ Emergency Mortgage Assistance Program.
4/8/2008 - Act 6 and Act 91 Notices have expired - Lender refers account to Foreclosure attorney.
5/8/2008 - Foreclosure attorney begins the legal process by filing a "Complaint" at the county courthouse.
6/23/2008 - Mortgagor does not respond to the complaint - a "Default Judgement" is entered.
6/25/2008 - Sheriff’s office schedules a "Sheriff Sale" date.
7/25/2008 - Notice of "Sheriff Sale" is sent to each mortgagor on the loan.
8/25/2008 - "Sheriff Sale" is held.
8/27/2008 - Sheriff prepares and records a deed conveying title to the purchaser. If a third party does not purchase the property, the deed will convey title back to the lender.
8/27/2008 - Eviction process begins if the mortgagor still resides in the property.
source
http://www.phfa.org/consumers/homeow...ttimeline.aspx