Can I buy back my home after a foreclosure sale?

Yes, it is possible to buy back your home after a foreclosure sale in Washington. This is known as a right of redemption and is provided for under Washington law. The right of redemption allows a homeowner to reclaim the home by paying back the full amount owed, including all costs associated with the foreclosure. In order to exercise the right of redemption, the homeowner must file a written request with the court within 3 months of the foreclosure sale. If a homeowner is unable to pay the full amount owed, they can also request a payment plan from the court. The payment plan must include the full amount owed, plus interest and other costs. The right of redemption does not provide a guarantee that the homeowner will be able to keep the home. If the court does approve the payment plan, the homeowner must make all payments on time, or risk losing the home again if they default on the agreement. If the homeowner is unable to make all payments on time, or if the full amount due is not paid back, the homeowner will not be able to reclaim the home and will lose any interest in it. It is important to remember that the right of redemption is a legal right and must be requested within 3 months of the foreclosure sale. If the right is not exercised in time, the homeowner will have no other legal recourse to reclaim the home.

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Can I buy back my home after a foreclosure sale?

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