Minnesota Foreclosure Law

Facts:

Judicial Foreclosure Available:     Yes

Non-Judicial Foreclosure Available:       Yes

Primary Security Instruments:      Deeds of Trust or Mortgage

Timeline:     Approximately 60 days

Right of Redemption:       Yes

Deficiency Judgments Allowed:       Yes

We can help you Sell Your Home to Avoid Foreclosure.

All you have to do is fill out this simple online form for a quick response.

a representative will contact you about how we can help you stop foreclosure today.

Quick Summary:

In Minnesota, lenders may foreclose on deeds of trusts or mortgages in default using either a judicial or non-judicial foreclosure process. 

 

The foreclosure timeline in Minnesota is typically 60 days from the time you miss your first payment until a Notice of Default or Notice of Sale is issued to your actual foreclosure date and sale.

Minnesota borrowers have the right of redemption and are allowed deficiency judgments.

For more information on Minnesota Foreclosure laws and regulations visit  http://www.ncsl.org/public/leglinks.cfm and click on your state.

Or Contact:

Minnesota's Attorney General's Office
102 State Capitol
St. Paul, MN 55155
Ph: (612) 296-6196
Fax: (612) 296-4193