Tennessee is a non-judicial foreclosure state, with foreclosure generally following the deed of trust power-of-sale process. Our team helps homeowners in Lincoln County understand the state process, explore loss mitigation, and review loan modification and negotiated settlement options.
Act Early
In Tennessee's non-judicial process, the timeline can move quickly towards a trustee sale. In many situations, acting earlier gives homeowners more room to explore their options than waiting until close to a sale date.
The earlier you start, the more time you have to review your loan documents and understand your options without rushing.
Gathering statements, notices, and income documents early can help any conversation with your servicer move more smoothly.
Reviewing loss mitigation and modification possibilities early gives you a clearer picture of the choices available for your situation.
The Sooner You Reach Out, the More Options You May Have
A confidential conversation can help you understand what comes next.
Call (213) 536-9372Know the Process
Tennessee generally uses a non-judicial deed of trust process. Below is a general outline of how that process commonly works. Individual situations vary, so your own loan documents and timeline may differ.
The process typically begins after mortgage payments are missed and the loan falls into default under the terms of the deed of trust.
Tennessee law may require the trustee or lender to give notice and, in many cases, publish notice of the pending sale in a newspaper in the county for a specified period.
If the default is not cured, the property is sold at a public trustee sale, typically held on the courthouse steps in the county.
Tennessee law provides for a redemption period following a sale, during which certain parties may be able to redeem the property by paying the required amount.
If the sale does not cover the full amount owed, the borrower may still face possible exposure for the remaining balance, depending on the circumstances.
At many points in the process, homeowners may be able to explore loan modification, reinstatement, or a negotiated settlement with their servicer.
Every Situation Is Unique
Reviewing your own loan documents and timeline with a professional is the most reliable way to understand where you stand.
Call (213) 536-9372Local Communities
Lincoln County homeowners in communities across the county can reach out for a confidential review of their situation.
County seat & surrounding area
Town & surrounding communities
Rural communities & unincorporated areas
All Lincoln County communities served
Speak With Someone About Lincoln County
A confidential conversation is the first step to understanding your options.
Call (213) 536-9372Get Organized
Having the right paperwork on hand can help any conversation about your situation move more smoothly. Here are the documents we commonly ask Lincoln County homeowners to gather.
Recent billing statements and your loan account number.
Any foreclosure-related notices and correspondence you have received.
Pay stubs, tax returns, and other proof of income and expenses.
A copy of your deed and any title or closing documents you have.
Frequently Asked Questions
Plain-language answers to common questions about the Tennessee foreclosure process.
Understand the basics of the Tennessee non-judicial foreclosure process.
Learn moreOrganization is the first step. Collect your statements, notices, and income documents.
Review the listA confidential conversation can help you understand the options available for your situation.
Call (213) 536-9372