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Does Tennessee Law Allow for a Redemption Period After a Foreclosure?

Yes, there is a right of redemption for Tennessee borrowers whose property has been foreclosed. The time for redemption can be as long as two years but may be shortened depending on the circumstances of the foreclosure. The redemption period may also be waived in the mortgage documents.

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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.

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