One of the most common questions regarding mortgage auctions:
Why is the foreclosure process taking so long?
In tonight’s Thursday Night Financiero, Urban Capital CEO and Founder Luis Felipe Osuna addresses one of the most frequently asked questions, which is ‘Why is my foreclosure taking so long?’
Real estate lawsuits, such as foreclosures, aren’t a exactly a straightforward process, and it requires a large amount of paperwork, court hearings, correspondence, subpoenas, signatures, judgements, among other speed bumps, that can elongate the process.
For an in depth look at the foreclosure process in Mexico and how to make smart investments, be sure to take a look at our Guide to Foreclosures in Mexico.