Florida foreclosure law

According to Florida foreclosure law, the Florida foreclosure process is a judicial process and functions in this order:

1. You go into default when your payment becomes 60 days late.


2. The lender files a lawsuit in the court with jurisdiction on your house to begin the foreclosure process.


3. The lender or its lawyer records a lis pendens at the county recorder's office. This notice lets everyone know that there's a lawsuit on this property.


4. You are notiified of the impending lawsuit and that you have 20 days from the date you receive this letter to respond.


5. The court date is set. You can use this time to respond to the lawsuit on your own or you can employ the services of a lawyer.


6. A judge hears the lawsuit.


7. If you lost the lawsuit, the judge orders the foreclosure on the loan and requests that a public auction date be set.


8. The date is advertised.


9. Your house is sold to the highest bidder or is kept by the lender if no one bids higher than the amount they're looking for.


10. A sheriff's deed is given to the highest bidder. There is no right of redemption in Florida, so once the sale occurs you cannot get your property back.