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What is a judicial foreclosure?

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What is a judicial foreclosure?

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The judicial process of foreclosure, which involves filing a lawsuit to obtain a court order to foreclose, is used when no power of sale is present in the mortgage or deed of trust. Generally, after the court declares a foreclosure, your home will be auctioned off to the highest bidder.

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It is a foreclosure through court action. This action is sometimes necessary to remove certain tax liens.

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