Foreclosure

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Foreclosure is a legal proceeding to collect on a real estate mortgage or other lien, cutting off the right to redeem the property and usually involving a judicial sale to pay the debt.

• Mortgage
• Default
• Lien
• Deed of Trust
• Trustee’s Deed

Reviewed by Kootenai Title & Bonner Title Editorial Team · Last updated June 19, 2026
This definition is educational and not legal advice. See our Editorial Policy.