These guidelines should not be used as legal advice, ImageLAND recommends that you discuss your particular situation with an attorney prior to proceding in any foreclosure activities.
Most states have a non-judicial system to carry out a foreclosure.
Meaning that no court procedure is required for a lender to take back the property. Few states carry out a formal judicial process. The following steps will outline what is all involved in a non- judicial foreclosure. Usually after the third missed payment the lender will initiate a foreclosure. This is done by issuing a Declaration of Default and Demand for Sale which is passed on to the foreclosure trustee.