Tennessee is a non-judicial foreclosure state, with foreclosure generally following the deed of trust power-of-sale process. Our team helps homeowners in Knox County understand the state process, explore loss mitigation, and review loan modification and negotiated settlement options.
Tennessee is a non-judicial foreclosure state with a timeline that can move from notice to sale in roughly 60–90 days. Acting early can preserve more options and give you time to consider a workout.
Tennessee deeds of trust commonly include a power of sale that allows non-judicial foreclosure.
Notice of sale is generally published for 3 consecutive weeks in a newspaper and mailed to the borrower.
Homeowners have the right to enjoin, or stop, the sale by filing a lawsuit in court.
Tennessee law provides a 2-year redemption period, and loss mitigation, loan modification, or negotiated settlement may still be available before the sale.
A thorough review now can help you understand what may be possible before the sale date.
Call (213) 536-9372