How long does foreclosure take in Georgia?

Experiencing a foreclosure on your property in any state can be a difficult, sometimes lengthy process. Estimating how long a foreclosure proceeding might take is largely guesswork, since there is no Georgia foreclosure timeline and since every case is different. However, in the state of Georgia you can expect a typical foreclosure to take approximately one to three months for everything to be completed. Yours might be different, sometimes by quite a lot, since there are so many factors that determine the time frame – everything from the simplicity of the situation to the backlog in court. If the foreclosure is contested, this can add quite a lot of time to the estimate, obviously, since the case will have to go through trials.

The Georgia Foreclosure Timeline 

Very generally, this time estimate of one to three months for a Georgia foreclosure is meant to include the first notice sent to the property owner, through the auction sale of the property. Georgia, unlike some states, does not offer a redemption time, which is a period of time after the foreclosure sale of a home when the home owner can still act to get it back, so the process is considered over when the home is sold.

•  Any foreclosure proceeding begins with a letter to the home owner asking for payment within 10 days. 
• If this fails, there must be four weeks of public notice posting of the foreclosure. 
• Another notice is sent to the home owner two weeks before the actual foreclosure sale. 
• Georgia only holds foreclosure sales on the first Tuesday of every month, meaning that a specific case may take longer simply because there will be a wait time before the next sale occurs.

Getting Help

There are ways to delay or stop the foreclosure process in Georgia, and these delays may be long enough to help you save your home. There are also other options, such as a short sale, that should be considered. As such, if you are facing a Georgia foreclosure, it is imperative you consult with a lawyer for advice on what your options are.