Foreclosure Process in Michigan

October 13th, 2009

In Michigan a bank can choose either judicial or in-court foreclosure or non-judicial or out of court foreclosures.  As with all states where both methods of foreclosure maybe used, the determining factor as to which process the bank will choose is whether or not the deed of trust or mortgage contains a power of sale [...]

Filled Under: real estate

Foreclosure Process in Missouri

September 24th, 2009

In Missouri both judicial or in court and non judicial or out of court foreclosures are used.  As in all states where both forms of foreclosure are followed the determining factor as to which method will be used by the bank is whether or not the deed of trust or mortgage contains a power of [...]

Filled Under: real estate

Foreclosure Process in Minnesota

September 14th, 2009

Minnesota allows for both judicial or in court and non judicial or out of court foreclosures.  As with all states where both forms of foreclosure are followed, the determining factor as to which one the bank will use is whether or not the deed of trust or mortgage contains a power of sale clause. The [...]

Filled Under: real estate

Foreclosure Process in California

August 21st, 2009

California follows both judicial in court and non judicial or out of court ways of moving ahead with foreclosure.As in all states where both methods of foreclosure are used, the deciding factor as to which way will be chosen, is whether or not the mortgage or deed of trust has a power of sale clause [...]

Filled Under: real estate

Foreclosure Process in Washington

August 7th, 2009

WashingtonThe state of Washington uses both in-court and out of court foreclosure proceedings.  Judicial or in-court foreclosure is used when the language in the mortgage or deed of trust does not contain a power of sale clause.  Should this be the case, the bank must get the court’s permission to foreclose or in otherwords the need to [...]

Filled Under: real estate

Foreclosure Process in Michigan

August 6th, 2009

In Michigan a bank can choose either judicial or in-court foreclosure or non-judicial or out of court foreclosures.  As with all states where both methods of foreclosure maybe used, the determining factor as to which process the bank will choose is whether or not the deed of trust or mortgage contains a power of sale [...]

Filled Under: real estate

Foreclosure Process in Alabama

February 10th, 2009

The state of Alabama allows for both judicial or in-court and non-judicial or out of court foreclosures.  As with all states where both choices are available to the lender, the determining factor as to which process will be followed, is the power of sale clause.  If the mortgage or deed of trust contains a power [...]

Filled Under: real estate
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