IDAHO FORECLOSURE LAWS

Non-judicial: If the trust deed has a power of sale clause, non judicial foreclosure is the most common method.

Judicial: Only if the document does not have the power of sale clause would a lender choose judicial foreclosure.

Deficiency: For up to three months, the lender may obtain a deficiency judgment for any amount owed over the market value only.

Redemption: The property may be redeemed by the borrower for up to one year if the property is more than 20 acres; six months if less than 20 acres.