In Washington, its up to the lender how he wants to proceed, regardless of "purchase money" vs. "non-purchase money"- he can foreclose through the courts (which virtually nobody does) and get a deficiency judgment, or non-judicially and be limited to return of the property as his only remedy.
I've often thought that the big lenders should retain somebody locally to look for other assets, before deciding which way to go- many borrowers back in the hey-day had other assets, so should have been foreclosed judicially with a deficiency judgment- but lenders apparently ignored that possibility, and forged onward with a non-judicial foreclosure. Seems to me that you might want to fork out 5 grand for a judicial foreclosure, if you're going to take a 100 grand bath on a non-judicial and the borrower has other assets.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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