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For your the state of Alaska, determine whether: It is a judicial or non-judicial foreclosure state. The standard home loan is based on a deed

For your the state of Alaska, determine whether:

  1. It is a judicial or non-judicial foreclosure state.
  2. The standard home loan is based on a deed of trust or a mortgage.
  3. There is a statutory right of redemption and, if so, how long.
  4. Deficiency judgments are allowed against defaulted homeowners.

Based on this information, can you judge whether Alaska is relatively lender friendly or borrower friendly? Explain. For assistance answering these questions, please use foreclosureassistance.com and foreclosures.com

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