After foreclosure, the new owner must follow a legal process called unlawful detainer (eviction) to remove you. They cannot simply change the locks, shut off utilities, or physically remove you without a court order — doing so is an illegal "self-help eviction" that entitles you to damages. The eviction process typically takes 2-6 weeks from notice to sheriff lockout. You have rights during this process, and the best outcome is often a negotiated cash for keys agreement. At Dream Financial Management, we help former homeowners navigate post-foreclosure eviction nationwide since 1994.
The new owner CANNOT: change the locks without notice, shut off utilities, remove your belongings, or physically force you out before a court order. Doing so is an illegal eviction. You can sue for: actual damages, statutory penalties ($100/day or more in some states), emotional distress, and attorney fees. If the new owner attempts self-help, call the police and document everything.
New owner serves 3-30 day notice (varies by state). PTFA may require 90 days for bona fide tenants. This is the best time to negotiate cash for keys.
If you don't vacate, the owner files eviction lawsuit. You have 5-15 days to respond. Default judgment possible if you don't answer.
Hearing typically within 20 days. Judge rules. If owner wins, you get 5-14 days to vacate.
Sheriff posts 5-day notice on door. After deadline, sheriff physically removes occupants and locks out. Belongings may be placed at curb or stored.
Dream Financial Management negotiates cash for keys agreements — you get paid to move out on schedule, avoiding an eviction on your record. Since 1994. Free consultation.