Overview

In Montana, the primary method ofdeed of trustforeclosure isnon-judicial. However, if thedeed of trustdoes not containpower of sale language, the lender may seekjudicial foreclosure.

There is a rather lengthy notice and cure period between the time a property owner receives anotice of default until the property is sold at apublic foreclosure auction sale – usually at least five (5) months. Accordingly, don’t wait until the property becomesReal Estate Owned (REO) after the auction because the property will cost more than it would inpreforeclosure.