|Judicial||Non-Judicial||Process Period||Sale Publication||Redemption Period||Sale/NTS|
|Yes||No||130 Days||21 Days||365 Days||Sheriff|
|Comments: Judicial Foreclosures are not common|
Foreclosures in Kansas are administered through the courts. The typical timeline for a Kansas foreclosure is approximately 7-8 months.
In Kansas, the lender may file a request with the court to foreclose when a borrower defaults on a mortgage. The court filing is delivered to the borrower, usually by the sheriff or by mail. If the borrower cannot be located, a notice of the court filing can be published instead. After the court filing has been delivered or published the appropriate amount of time, the borrower has at least 20 days to respond. If the borrower does not respond, the court can rule the borrower in default. The borrower then has 10 days to pay the amount due before the foreclosure sale is scheduled.
Notice of Sale / Auction
The notice of sheriff’s sale is published in a local newspaper once a week for three weeks. Between seven and 14 days after the final sale notice is published, the sheriff’s sale occurs. The lender dictates the bid price, and the winning bidder receives a certificate of purchase after the sale.
In Kansas, the redemption period for the borrower begins on the sale date, but the length of time varies. The redemption period is 12 months if more than one third of the principal has been paid. Conversely, most loans default before a significant enough principal has been paid, making the redemption period only three months. To redeem, the borrower has to pay the amount of the winning bid in addition to applicable interest and other fees.
Once the borrower’s right of redemption expires, the winning bidder exchanges the certificate of purchase for the recorded deed that transfers the ownership.