Judicial and Non-Judicial States





If you have wondered why the Foreclosure process takes longer in some states vs. Others – check out the map above. States that have a “Judicial” foreclosure system means that all of their foreclosures must be handled through the court system – thus extending the length of time it takes for a foreclosure to occur.

This may help the homeowner stay in their property longer. However it very well may also keep the property from being able to be re-sold quicker as well – adding to blight and the “shadow inventory” of distressed properties.