Summary of Oklahoma's Foreclosure Laws

Topic State Rule Common type of foreclosure process

Deficiency Judgments After Foreclosure in Oklahoma

In Oklahoma, if you go through a judicial foreclosure and the sale price is not enough to cover the balance of your mortgage, your lender can come after you for the "deficiency." The lender can also seek a deficiency judgment following a nonjudicial foreclosure, but not if you notify the lender that

Oklahoma HOA and COA Foreclosures

If you live in a house, condo, or townhome that is part of a common interest community in Oklahoma, you are likely responsible for paying dues and assessments to a homeowners’ association (HOA) or condominium association (COA). If you don’t pay, in most cases the HOA or COA can get a lien on your

Faster Foreclosure for Abandoned Homes in Oklahoma

If you’re a struggling homeowner facing foreclosure in Oklahoma and you abandon your home (meaning, you permanently move out of the property), a court may give possession of the home to the lender even before the foreclosure is over. Read on to learn why Oklahoma allows the lender to take immediate

Oklahoma Timeshare Foreclosure and Right to Cancel Laws

Oklahoma has a relatively small number of timeshare resorts and, consequently, has few laws that address timeshare transactions. Nonetheless, Oklahoma law does provide timeshare purchasers with some protections. For example, if you purchase a timeshare in Oklahoma, you have the right to cancel the contract,

If I Lose My Home to Foreclosure in Oklahoma, Can I Get It Back?

Question My Oklahoma house is being foreclosed and the sale is happening two weeks from today. If I can get the funds by that time, can I pay off the mortgage and keep it?

Can I Reinstate My Mortgage to Save My Home From Foreclosure in Oklahoma?

If you’re facing a foreclosure because of delinquent mortgage payments and you’re a resident of Oklahoma, there's a good chance you have the legal right to bring the loan current.