How Can a Lender Foreclose on a Property in Iowa?

If an Iowa lender wants to foreclose on an Iowa property then the lender must sue the borrower in court and obtain a decree of sale. The public notice and sale requirements are set by state law and by the judge in each case.
While there is not a right to a foreclosure sale outside of the court system, a borrower may give the lender all rights to the property and avoid a foreclosure sale.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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