how many months in arrears can a mortgage lender action repossession against your property

legal tetrm its 3 months arrears and the legal action takes [place

It depends on your Mortgage lender. Generally though you have to be 3 months in arrears before they start repossession proceedings. If you are in financial difficulties, contact your lender as soon as possible to discuss possible ways to pay off arrears.

Legally, a lender can start a foreclosure 1 DAY after your payment is late. Most will wait 2 to 3 months.

They can start the process after one month, but usually they wait 3.

For specific information on the foreclosure process and timeframe go to Realty Trac
realtytrac.com/education/noframes/overview.html
and check on the information for your state.
Also, you can contact your lender or an attorney in your area.

Read your contract. Some are as short as two months.

Supposedly three months after delinquent, then they can start the process, then it may take the fourth to six months to actually have the possession action taking place.

Diferent state and town may have diferent work load cycle that may be take longer.

It is always option and way to get out from foreclosure, do not sit and wait for last monte. Ask more for finding solution it ay help.

theres a good site on this st the following link,it takes you through the process

http://repossessionspecialist.co.uk/

13 months is MAX . you will get grief, but if you are prpared to fobb them offf, then 13 missed payments is the Max . at the end of the day, it is not in their interest to pull the mat from under your feet.

Your credit rating will suffer meantime, but that can be sorted in time. THIRTEEN is your lucky number . use it!

Three.
after one you get a reminder.
after two you get a warning.
on three its action time.