Paris-Henry County, Tennessee. You might think we are big â Kentucky Lake, the largest manmade lake in the Southeast, a big catfish on a pole, the Worldâs Biggest Fish Fry, big smiles, big hearts that volunteer to help one another and raise over $200,000 a year for local charities selling homemade pies and casseroles.
DEFINITION of 'Pre-Foreclosure' Pre-foreclosure refers to the state of a property that is in the early stages of being repossessed due to the property owner's inability to pay an outstanding mortgage obligation.
If you respond in time, the bank must wait 90 days from the date of the Notice of Pre-Foreclosure Options before posting a Notice of Default, which is the next required notice. If you choose not respond, the lender can issue the Notice of Default 30 days after the date on the Notice of Pre-Foreclosure Options.