Many times people leave their homes as soon as they receive a foreclosure notice. This is the wrong thing to do. Stay in your home People are scared and afraid of the notice. They are afraid they will not have a place to live.
It is important to understand that Foreclosure is a long process often taking between 6 months and a year to bring it to sheriff sale. Sheriff Sale is the actual selling of the property. More and more home are being pulled off the sales list at the last moment. The homeowner could have stayed in the house for a longer period of time. Even if the house was to sell there is usually a 30 to 45 day window before you have to move. Wait for the sale.
The homeowner would be responsible for maintaining the home and keeping up the utilities. The homeowner would keep insurance up. The homeowner would not be paying the mortgage. The debt does not go away but at least the homeowner has a place to live. ( Here is where it is a good idea to consult a bankruptcy lawyer)
If you leave the house you are still responsible for its maintenance. Your better off living it in. Even the Montgomery County Treasurer agrees with this.
If you receive a foreclosure notice do not panic.