:: Foreclosure Process Steps

* If the homeowner does not pay the lender within 90 days, the lender files suit with the courts.

* The homeowner will receive mail from the lender requesting payment.

* The homeowner has 28 days to respond with a payment to avoid foreclosure.

* If a payment is not made after 28 days, the lender can ask for a court order to sell the property.

* The mortgaged property's value is appraised within 90 days.

*The property is then sold through an auction by the sheriff's office.

If you are having trouble making payments call your mortgage company as soon as possible.

Every state has their own foreclosure laws. For more information check HUD Foreclosure Information and Foreclosure Laws.

Resources for Foreclosure Assistance

The City of Clayton wants to help homeowners facing the risk of foreclosure. Home foreclosures are on the rise all around the country and Clayton is no exception. We are committed to helping owners to stay in their homes. There are resources and programs out there to help you.

Here are some web sites that may help you or someone you know.

United Way Help Link 2-1-1

Community Development Corporation Resource Consortium, Inc

Miami Valley Fair Housing Center, Inc

Home Ownership Center

Ohio.gov

Neighbor Works

Montgomery County