Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or another lienholder on property requests a court-supervised sale of the property to cover the unpaid balance of a delinquent debt. Nonjudicial foreclosure is the process of selling real property under a power of sale in a mortgage or deed of trust that is in default. In such a foreclosure, however, the lender is unable to obtain a deficiency judgment, which makes some title insurance companies reluctant to issue a policy.
Make a difference by making a small change. Pelacing just the top 3 most used incandescent light bulbs in your home with Energy Star labeled compact flourescent lights can cut your annual lighting bill by a third. Although they may cost more to purchase, thay can save enough energy to pay for themselves twice.