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Montana is not part of the list of states that have received $2 billion fund from the government that would help homeowners who are facing foreclosure. Since this is the case, bank foreclosures in Montana are not certain especially in the coming months. Montana is known for its wide open spaces and for this reason any one can have the advantage of not having neighbors. Properties in Montana foreclosure listings are filled with properties that can be converted to a farm. There are over thousands of billings foreclosure listings as well as Missoula and great falls.
If you want to find solitude, real estate in this state can provide such environment. Since it is near the Canadian border, expect a lot of snow and colder climate. Even if its summer, the evenings can get chilly. The process of foreclosure in this state is rather lenient. Instead of 120 days, the government is offering the homeowner up to 150 days to be notified. In the second quarter of this year, there are over 600 properties that are filed for foreclosure. The home sales have also dropped compared to the national average. Because of the recent data, Montana ranked at 41st in foreclosure rate.
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