Search Alabama Foreclosures

Alabama Foreclosure Laws

Foreclosures in Alabama are usually handled outside of court through a nonjudicial process. Most home loans are secured by mortgages, and power-of-sale language in loan documents is common. The process often takes about two to four months from start to finish. There is generally no right to redeem the property after a nonjudicial sale, and lenders may still be able to pursue a remaining balance.

• Foreclosure Type Process
  Non-Judicial
• Mortgage Instrument Security Type
  Mortgage (primary). Alabama is a mortgage state, though power-of-sale clauses are common.
• Typical Timeline Duration
  2-4 months typical
• Deficiency Judgment
  Deficiency judgments permitted
• Redemption Period Owner Rights
  No statutory redemption for nonjudicial sales (limited judicial exceptions).
• Process Summary
  Foreclosure is primarily nonjudicial and conducted under a power-of-sale clause in the mortgage. The lender must provide notice and advertise the sale before auction. Borrowers generally have a post-sale statutory right of redemption.
• Notice / Timing Statute
  Alabama Code § 35-10-11 et seq. (power of sale foreclosure)
• Redemption Statute(s)
  Alabama Code § 6-5-247 et seq. (redemption period begins after notice given for homestead)
• Deficiency Statute(s)
  Alabama Code § 6-5-247 (deficiency allowed after foreclosure sale)

How to Buy a Foreclosure in Alabama