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In Default on Your Mortgage? NH Foreclosure Laws in a Nutshell...Now Is The Time To Short Sale Your Home!
 
If you are behind on the mortgage payments on your New Hampshire property and confused by all of the terms here is the New Hampshire Foreclosure Law Summary taken from http://stopforeclosure.com
Quick Facts
-  Judicial Foreclosure Available: Yes
-  Non-Judicial Foreclosure Available: Yes
-  Primary Security Instruments: Deed of Trust, Mortgage
-  Timeline: Varies by Process; Typically 60 days
-  Right of Redemption: None
-  Deficiency Judgments Allowed: Yes
"In New Hampshire, lenders may foreclose on a mortgage or deed of trust in default by using either the judicial or non-judicial foreclosure processes or any of the following special methods: Entry under Process, Entry and Publication or Possession and Publication.
Judicial Foreclosure
In New Hampshire, the judicial process of foreclosure is very similar to that of the strict foreclosure process used in other New England states. The judicial foreclosure process is one in which the lender must file a complaint against the borrower and obtain a decree of sale from a court having jurisdiction in the county where the property is located before foreclosure proceedings can begin. Generally, if the court finds the borrower in default, they will give them a set period of time to pay ... more

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