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What is the right of redemption period in Wisconsin?

April 26, 2017period redemption right Wisconsin

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What is the right of redemption period in Wisconsin?

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Wisconsin is a statutory right of redemption state. This means that after a property has gone through the foreclosure process, a homeowner may claim their property back if they are able to pay the full amount that they owed to the lender plus any fees, attorney costs or any other loan costs. This period is normally 12 months. However, if there is a court order confirming the foreclosure, this period is no longer enforced.