Alaska Foreclosures - 571 Foreclosure Listings

Foreclosure Homes in Alaska

There are currently foreclosed homes listed in Alaska. Why should you consider buying a foreclosure property in Alaska? To save money, of course! That’s right, purchasing a foreclosed home can save you as much as 50 percent or more on the final sale price of a distressed deal in Alaska when compared to a traditional single-family house. We’ve also got awesome deals on top of incredible foreclosure deals, from rent-to-own homes, short sales and preforeclosures in Alaska, as well as bankruptcy filings and government-owned foreclosure listings such as HUD, Fannie Mae and Freddie Mac, among others. Just select the county in Alaska that you want to look for a property below. Then search through all distressed real estate listings in Alaska for the amazing deal that’s right for you.

Alaska Foreclosure Laws

In Alaska, foreclosures are often completed without going to court using a nonjudicial process. Home loans are typically secured by deeds of trust. Foreclosures usually move fairly quickly compared to many other states. Deficiency balances are generally not allowed after a nonjudicial foreclosure.

Foreclosure Type Process

Non-Judicial (Judicial allowed)
Mortgage Instrument Security Type

Deed of Trust (primary). Mortgages exist but deeds of trust are dominant.
Typical Timeline Duration

3-4+ months typical
Deficiency Judgment

Deficiency prohibited after power of sale foreclosure
Redemption Period Owner Rights

No general post-sale redemption for nonjudicial.
Process Summary

Most foreclosures are nonjudicial and proceed through a trustee’s sale under a deed of trust. Notice is required before the public sale. Judicial foreclosure is allowed but used less often.
Notice / Timing Statute

Alaska Statute § 34.20.070 (Notice of Default must be recorded at least 90 days before sale)
Redemption Statute(s)

Alaska Statute § 34.20.090 (no statutory post-sale redemption)
Deficiency Statute(s)

Alaska Statute § 09.45.170 (anti-deficiency after nonjudicial foreclosure)

How to Buy a Foreclosure in Alaska

In Alaska, start by locating foreclosure properties through local newspapers, MLS, and public auction notices. Alaska uses both judicial and non-judicial foreclosure processes, so verify the legal status of the property. Arrange your financing ahead of time, as auctions typically require certified funds. Perform a title search and consider a professional inspection to assess condition and potential back taxes. Bid at the scheduled trustee or court-ordered sale, and follow up with the appropriate paperwork to transfer title.

What type of foreclosure is used in Alaska?

The type of foreclosure in Alaska is Non-Judicial (Judicial allowed)

Is there a redemption period in Alaska?

No general post-sale redemption for nonjudicial.

Are deficiency judgments allowed in Alaska?

Deficiency prohibited after power of sale foreclosure in Alaska

How do you buy a foreclosure in Alaska?

In Alaska, start by locating foreclosure properties through local newspapers, MLS, and public auction notices.