Foreclosure in Georgia operates primarily as a non-judicial process, meaning that lenders can foreclose on a property without going to court. This is due to the “power of sale” clause typically included in most Georgia mortgages. When a homeowner defaults on their mortgage payments, the lender can initiate the foreclosure process by providing a notice of intent to foreclose, which must be sent to the homeowner at least 30 days before the scheduled sale date. The notice also needs to be advertised in the local newspaper for four consecutive weeks. On the designated day, the property is auctioned to the highest bidder, usually on the courthouse steps. While the process can be swift, homeowners do have rights and potential avenues for recourse, such as seeking loan modifications or filing for bankruptcy. It’s essential for homeowners facing foreclosure in Georgia to be informed of their rights and to consider consulting with an attorney or housing counselor for guidance.