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Foreclosure Chart

Foreclosure Process Charts

FORECLOSURE BY ADVERTISMENT

Pre-foreclosure notices given

 

Notice of Pendency and 
Power of Attorney filed 
with County Recorder of 
Registrar of Titles

 

Publish notice of sale for 6 weeks

 

Serve notice of sale upon occupants of property

 

Serve other junior lienholders who have timely requested service

 

 

6 to 12 months 

 

Period of Creditor Redemption

 
For more detail on the Foreclosure by Advertisement Process, click here
     
                                           

FORECLOSURE BY ACTION

Pre-foreclosure notices given

 

File Summons and complaint with district court

 

File Notice of Lis Pendens on property

 

Serve Summons and Complaint on all parties including mortgagors

 

Serve other junior lienholders who have timely requested service

 

Trial or Defualt Hearing

 

Judgment entered

   

 

6 to 12 months 

If sale is approved by court, a Sheriff Certificate of Sale is issued

If a deficiency is approved by the court, judgment is entered

Notice of order confirming sale served on a parties

                                           

VOLUNTARY FORECLOSURE

 

Four weeks publication

 

Two weeks service on 
occupants and junior liens

 

                           

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