Do you want to know what happens after foreclosure? It may not be what you think. Most people assume that once a foreclosure happens, you have to leave your home immediately. However, this isn't always the case. Depending on what state you live in, you may still have some time left to redeem your home.
Some states have what is known as a redemption period. This period ranges from anywhere from a few days to a month or more, and it starts immediately after the foreclosure sale.
The redemption period is your opportunity to get your house back, even if it
technically has a new owner. You can't be evicted from your house during the
redemption period.
No comments:
Post a Comment