No, after a foreclosure is complete the buyer has no right of redemption. However, it is important to note that in Massachusetts a lender can foreclose upon a property by getting a court order and taking possession of the property. The lender must maintain possession for three years in order for that type of foreclosure to be effective. During the three year period, the borrower has the right of redemption.
Speak to an Experienced Foreclosure Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure attorney to discuss your specific legal situation.