Sentences with phrase «judicial foreclosures when»

While non-judicial foreclosure is the norm in Idaho, there are also judicial foreclosures when the property exceeds 40 acres or the deed of trust doesn't allow foreclosure without a court order.

Not exact matches

For one, states can allow judicial foreclosure, non-judicial foreclosure, or trustee sales when homeowners default on their mortgages.

For one, states can allow judicial foreclosure, non-judicial foreclosure, or trustee sales when homeowners default on their mortgages.

HUD responded, «We use the term «foreclosure» when title is transferred through a foreclosure proceeding — either judicial or non-judicial.

So when you continue to research the foreclosure process in your state, start with the distinction between judicial and non-judicial.

The bank asked that their appeal be heard because the issue of whether lenders who become owners of residential premises through a judicial process such as foreclosure are responsible for tenants» security deposits arises quite often and the RTDRS therefore had need of a precedent when faced with similar situations in the future.

When a deficiency judgment is permitted, the lender may obtain one only following a judicial foreclosure, or when the security has become valueless (such as when security for a second trust deed loan is wiped out when the first trust deed lender completes its foreclosuWhen a deficiency judgment is permitted, the lender may obtain one only following a judicial foreclosure, or when the security has become valueless (such as when security for a second trust deed loan is wiped out when the first trust deed lender completes its foreclosuwhen the security has become valueless (such as when security for a second trust deed loan is wiped out when the first trust deed lender completes its foreclosuwhen security for a second trust deed loan is wiped out when the first trust deed lender completes its foreclosuwhen the first trust deed lender completes its foreclosure).

When a judicial foreclosure occurs (which is rare in California), the process is much slower as the court is involved.