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Waiting Period to Buy After Foreclosure. Buying After a Foreclosure. The waiting period is 5 years up to 7 years. Buying After a Foreclosure With Extenuating Circumstances. The waiting period is 3 years up to 7 years. Buying After After a Deed-in-Lieu of Foreclosure. The waiting period is 4 years up to 7 years. Buying After a Deed-in-Lieu of Foreclosure With Extenuating Circumstances. The waiting period is 2 years up to 7 years. Buying After a Short Sale. The waiting period basically is 2 to 5 years.
Spencer Platt/Getty Images News/Getty Images. From start to finish, foreclosure can take many months. The process ends with an auction sale and a demand telling the homeowner to leave the property. The notice sets out how long you have to leave, typically between five and 30 days.he lender's attorney files a foreclosure action if the homeowner resides in a judicial foreclosure state. After the filing, the homeowner has 20 to 30 days to respond. If the homeowner does not contest, then the sale will go through, usually within a month of the court order.