Check out our foreclosure process page here.

Homeowners have a number of options to avoid foreclosure which include but are not limited to selling the property, working with mortgage company to restructure loan terms, repay debts, short sale, deed-in-lieu of foreclosure, or declaring bankruptcy. Learn more about each of these options here.

At a minimum the foreclosure process must take at least 120 days, but could take as long as 180. To see the timeline of a foreclosure in Georgia click here. 

Lenders may foreclosure on a property after 90 days of missed payments in Georgia.

In Georgia, foreclosure auctions take place on the first Tuesday of each month between 10AM and 4PM. If that Tuesday lands on a federal holiday then the auction will proceed the following day. 

Free Georgia foreclosure listings can be found by searching for Notice of Sale in local county newspapers.

Georgia law requires the homebuyer be given at least 30 days notice before the proposed foreclosure sale. This notice is often called either a Notice of Sale, Notice of Sale Under Power, or Notice of Trustee sale. This will typically include a copy of the foreclosure advertisement which will include the property address, the mortgage borrower’s name, the original mortgage amount, and contact information for the person or company who can modify the terms of the loan. 

As of 2023 foreclosures in Georgia are rising compared to 2021 and 2022. 

After you have been evicted, you will have to move out and take all of your possessions with you. However, for people who rent houses or apartments, the federal Protecting Tenants at Foreclosure Act (PTFA) allows you to stay for 90 days or the remainder of the lease term after the property is sold.