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How long does the foreclosure process take Iowa?

Most foreclosures on Iowa property take about 5 or 6 months to complete. Iowa is a judicial foreclosure state.

What is Section 654.20 Iowa?

654.20 Foreclosure without redemption nonagricultural land. 1. If the mortgaged property is not used for an agricultural purpose as defined in section 535.13, the plaintiff in an action to foreclose a real estate mortgage may include in the petition an election for foreclosure without redemption.

What is Section 654.12 A of the Iowa Code?

On its face, Iowa Code section 654.12A states that loans and advances made under the mortgage, up to the maximum amount of credit together with interest thereon, are senior to indebtedness to other creditors under subsequently recorded mortgages. Iowa Code 654.12A.

What is Iowa code 654.12 A?

On its face, Iowa Code section 654.12A states that loans and advances made under the mortgage, up to the maximum amount of credit together with interest thereon, are senior to indebtedness to other creditors under subsequently recorded mortgages. Iowa Code 654.12A.

What is Iowa Code Section 654.12 B?

The lien created by a recorded purchase money mortgage shall have priority over and is senior to preexisting judgments against the purchaser and any other right, title, interest, or lien arising either directly or indirectly by, through, or under the purchaser.

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