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North Dakota State Profile

North Dakota' State Profile - ' Spring 2006. North Dakota's job growth continued in the fourth quarter. North Dakota's economy gained 1,700 jobs in the fourth quarter, contributing to a gain of almost 7,000 jobs in 2005, the largest annual increase since 1997...


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Finding Opportunity in the North Dakota Real Estate Market: Pre-Foreclosures

In any real estate market -specially in areas in which home valuations are facing downward pressures (i.e., high unemployment levels, overpriced housing markets, or high levels of adjustable-rate mortgages), a certain percentage of homeowners will be in foreclosure of their mortgage payment or facing foreclosure.

Mortgage loan default can occur dues to many reasons: job loss, divorce, health issues. Several mortgage lenders practices have contributed to default rates due to the debut of mortgage products that were planned to lower monthly loan payments and to help borrowers qualify for larger loan amounts, while others called upon little in the way of documentation during the approval procedure...


Your North Dakota Pre-foreclosure Resource site.


Finding Quality Pre-foreclosure Listings

All the sites listed below offer listings for a fee. Take advantage of the free trial period offered evaluate their listings. The sites should offer the latest listings with daily/monthly updates. Although both will provide you with information on available house, the difference between the two is of significant importance. Like with any product, an extensive search for and comparison for available pre-foreclosure list will give you the best price and value for money. Pre-foreclosure listings are public information and generally available at the local recorder's office.

Trial? Updated? Rating Link
7 days Daily/Weekly ***** RealtyStore.com
1 Week Weekly **** Bargin.com
1 Week Weekly **** RealtyTrac.com
7 days Weekly *** Foreclosurenet.net
3 days Monthly *** Foreclosure.com

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North Dakota Foreclosure Law

  • Judicial Foreclosure Available: Yes
  • Non-Judicial Foreclosure Available: No
  • Primary Security Instrument: Mortgage
  • Timeline: Typically 90 days
  • Right of Redemption: Yes
  • Deficiency Judgments Allowed: Yes




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