One Last Chance to Save Your House
UExpress, Dec. 14, 2018–Lew Sichelman
What we’re talking about here is called the “statutory right of redemption.” Simply put, it gives a former owner whose property has been taken back in a foreclosure proceeding the ability to redeem the mortgage and keep said property — if, within a prescribed time frame, the former owner is somehow able to come up with enough money to repay what was owed.
