Jack Broad wrote a very compelling article about the time lines from State to State. I would never post his entire article, however I will post some of his data. (His website: http://www.theticasystems.com/)

Jack wrote: In this article, I want to convey some thoughts about foreclosure timelines.   What they are and how they can impact various market participants.  Recently I performed an analysis of state-level foreclosure timelines.   Here's some of what I found. ----

Fastest Foreclosure States (listed alphabetically)

State                     #Months
Alabama               2.34
Arkansas               3.08
DC                          2.70
Georgia                 2.58
Maryland             2.79
Michigan              3.22
Missouri               2.06
New Hampshire 2.88
Tennessee          2.15
Texas                    2.85
Virginia                 1.89

Slowest Foreclosure States

State                     #Months
Delaware             6.92
Florida                  6.13
Iowa                      8.54
Illinois                   7.28
Indiana                 7.23
Kentucky             7.34
Louisiana             6.19
Maine                   8.83
New Jersey        7.51
New York            7.05
Ohio                      8.03
Pennsylvania     7.10
Vermont              8.39

Since I started serious blogging about foreclosure and short sales, my national referral business has exploded. I have given out quite a few referrals nationwide. Yet, to this day, I still have no idea how a short sale or foreclosure agent can help a client that let's say lives in Maryland where the process before a client is on the streets is less than three months. We all know (for those of us that do short sales), that it takes much longer than three months simply to get a short sale approval. What can you tell these clients and how can you help them? Being that my national referral business is really starting to climb, I would like to know what your process is to help these people in the states where the foreclosure process is so quick. Please post your comments on what can be done and what you do to help. Thanks for your feedback. Part of this post is for my business research, but most of it is because I feel the stress my clients have (and put me through) when we in New Jersey have quite a bit of time, I can only imagine how your clients (and yourself) feel when the time line is such a crunch!!

Frank Wible
REMAX ALL PROS