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Updated over 4 years ago on . Most recent reply
Judicial and Non-Judicial foreclosure
Hello everyone. What is the difference between a judicial and non-judicial foreclosure?
And how does it affect a buyer?
Most Popular Reply

@Joe Pifer it does not affect the buyer only the seller. The short answer is Judicial (Court Action) the bank can come after the seller for a deficiency in the loan. In a non-judicial the bank just takes the house back as the collateral payment for the loan.
Good Investing...
- Joe Homs
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- 949-625-4533