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In Montana, the primary method ofdeed of trustforeclosure isnon-judicial.
However, if thedeed of trustdoes not containpower of sale language, the lender may seekjudicial foreclosure.
There is a rather lengthy notice and cure period between the time a property owner receives anotice of default
until the property is sold at apublic foreclosure auction sale – usually at least five (5) months.
Accordingly, don’t wait until the property becomesReal Estate Owned (REO) after the auction because
the property will cost more than it would inpreforeclosure.