Minnesota Foreclosure Law Center
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.
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Deficiency Judgments After Foreclosure in Minnesota
In most Minnesota foreclosures, the mortgage lender cannot come after the homeowner for a deficiency (the difference between the sale proceeds and the balance on the mortgage).
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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.
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If you default on HOA dues and assessments in Minnesota, the homeowners association can foreclosure on your condo, townhome, or house located in a common interest development.
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