If you start receiving spouse's benefits at age 62, your monthly benefit amount is reduced to about 32.5 percent of the amount your spouse would receive if their benefits started at full retirement age. 67 is 50 percent (the maximum benefit amount). Age To Receive Full Social Security Benefits.
If there are many foreclosure homes available at one time, a buyer's market may form, resulting in lower sale prices. In 2013, foreclosed California homes spent about 34 months or nearly three years in shadow inventory before they were sold, according to the Inman News real estate website.
Even if you donât contest the foreclosure action, the sale usually wonât take place until at least a month after the judge issues the foreclosure order. So youâll likely have a minimum of two months from the first notice of intent to file the case to the date the court orders the sale to take place.