Foreclosures in Minnesota are nonjudicial, meaning they don't go through the court system. However, lenders must provide homeowners with certain notices before selling homes. In addition, Minnesota has two new programs to assist homeowners in avoiding foreclosure -- a foreclosure prevention counseling program and a mediation program for farmers. Below you can learn about the timeline for Minnesota foreclosures, key features of foreclosure procedures, and details about the two programs that can help you avoid foreclosure.
Deficiency Judgments After Foreclosure in Minnesota
In most Minnesota foreclosures, the foreclosing party can't come after the homeowner for a deficiency.
Minnesota Timeshare Foreclosure and Right to Cancel Laws
Learn about Minnesota timeshare laws, including contract disclosures, the right to cancel, and foreclosure procedures and protections.
If you default on HOA payments in Minnesota, the association may foreclose on your home.
Minnesota Foreclosure Laws and Procedures
Learn the key features of Minnesota's foreclosure laws here.
How to Delay a Minnesota Foreclosure Sale
Most Minnesota homeowners can delay a foreclosure sale for at least five months. Learn how.