| If you continue to make the payments, you can continue to live there. The banks can not force a due on sale when a heir takes over for a deceased borrower. That can go on until the loan is paid back.
If you stop making the payments, then it's up to the lender as to when to start foreclosure proceedings. The foreclosure sale can occur in as little as 41 days from the time you miss a payment. The eviction, again, depends on how fast the new owner wants to press things. It can be very fast, 3 day notice, possibly a 5 day appeal period, and then 24 notice to vacate before your stuff is turned out on the street. |