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.
Speak to an Experienced Foreclosure and Alternatives Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure and alternatives lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure and alternatives attorney to discuss your specific legal situation.