Foreclosure Types
Judicial Foreclosure
A type that allows the trustee, mortgagee or lien holder on the property deed to legally request a court supervised sale of the property behind in debt to pay any unpaid balance of a delinquent debt.
Non-Judicial Foreclosure
The ability to start the process of actually selling a property using the power of sale in a deed of trust or mortgage that is delinquent and in default.