Montana Foreclosures - 692 Foreclosure Listings

Foreclosure Homes in Montana

There are currently foreclosed homes listed in Montana. Why should you consider buying a foreclosure property in Montana? 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 Montana 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 Montana, 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 Montana that you want to look for a property below. Then search through all distressed real estate listings in Montana for the amazing deal that’s right for you.

Montana Foreclosure Laws

Montana mainly uses a nonjudicial foreclosure process under a deed of trust. Because court involvement is limited, the process is usually faster than in judicial states. Foreclosure can often be completed within a few months once the required notices are given. Deficiency judgments may sometimes be allowed, but redemption rights are generally limited after a trustee’s sale.

Foreclosure Type Process

Non-Judicial (Judicial allowed)
Mortgage Instrument Security Type

Deed of Trust (primary). Mortgages are permitted.
Typical Timeline Duration

4 months typical
Deficiency Judgment

Deficiency prohibited for non-judicial residential foreclosures
Redemption Period Owner Rights

No post-sale redemption for trust deeds.
Process Summary

Montana primarily uses nonjudicial foreclosure under deeds of trust. Trustee’s sales follow notice requirements, with judicial foreclosure as an alternative.
Notice / Timing Statute

Montana Code § 71-1-313 et seq. (trust indenture foreclosure)
Redemption Statute(s)

Montana Code § 71-1-315 (no redemption for non-judicial foreclosure)
Deficiency Statute(s)

Montana Code § 71-1-317 (anti-deficiency for non-judicial residential foreclosures)

How to Buy a Foreclosure in Montana

To purchase a foreclosure in Montana, monitor county sheriff' sale notices, MLS listings, and public records. Montana' foreclosure process is non-judicial; understand notice requirements. Have financing ready at the sale. Conduct title and condition due diligence. Attend the auction and finalize transfer documentation.

What type of foreclosure is used in Montana?

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

Is there a redemption period in Montana?

No post-sale redemption for trust deeds.

Are deficiency judgments allowed in Montana?

Deficiency prohibited for non-judicial residential foreclosures in Montana

How do you buy a foreclosure in Montana?

To purchase a foreclosure in Montana, monitor county sheriff' sale notices, MLS listings, and public records.