Preforeclosures---How many actually get to sale?

[Bruce Lynn]

Anyone have % of how many preforeclosures actually go to foreclosure?

What % get sold before foreclosure?

What is the average time from first NOD to actual foreclosure?

Saw one recently that looks like it had been posted every month for about 10 years.....guessing maybe they missed a payment way back when?

Saw hard money loan lenders today that looks like they had posted every month for about 2 years.

[Minna Reid]

These are all very state specific as everyone's foreclosure process is different. Timelines can vary from months to years. 

I would say from helping people in foreclosure and watching pre- fc lists and fc lists for 15 years, I would say less than 5% of "preforeclosures" actually foreclose. NOD to FC is higher but I would still say less than 25%.

These are very anecdotal estimates.