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WHAT IS A REDEMPTION PERIOD AFTER THE SHERIFF SALE IS OVER?

April 26, 2017foreclosure period real estate community redemption sale Sheriff summit county

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WHAT IS A REDEMPTION PERIOD AFTER THE SHERIFF SALE IS OVER?

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Hi Cindy, In Ohio the redemption period is one month and only the current owner can “buy” the home back from the bank at their terms. This in effect stops the foreclosure if the owner can come to terms with the lender. Thanks.