Stage 2 of 4 · The Notices and the Clock
Nonjudicial Foreclosure
Foreclosure carried out by a trustee under a power of sale clause, with no lawsuit.
- In plain English
- In a nonjudicial state the trustee follows a notice procedure written into statute. Record, wait, notice the sale, wait again, sell. No court sees the file unless somebody sues to stop it.
- Example
- A Washington trustee moves from notice of default to auction in a little over six months without a judge involved.
- Why it matters
- It is fast and it puts the burden on the borrower to act, because nobody is scheduling a hearing on their behalf.
- Remember it as
- No courtroom, just a calendar.
Where it lands in the timeline
Stage 2: The Notices and the Clock
Once payments stop, the lender has to announce it in public and then wait out a legal timetable, and knowing which notice starts which clock tells you how much time is really left.