Does Ohio Law Allow for a Redemption Period After a Foreclosure?
Yes, an Ohio borrower may redeem a foreclosed property during the time period between the foreclosure sale and when that foreclosure sale is confirmed by the court. The borrower must pay the outstanding balance of the loan plus any fees and costs in order to redeem the property.
Additional Foreclosure Articles
- Where and When do Foreclosure Sales Take Place in Ohio?
- What Public Notice Requirements are There for a Real Estate Foreclosure in Ohio?
- Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Ohio?
- How Can a Lender Foreclose on a Property in Ohio?
- How Long Does the Typical Foreclosure Process Take in Ohio?
- Can I Keep My Home If I File Bankruptcy in Ohio?
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