What is a redemption period in foreclosure?
A redemption period is time after a foreclosure sale when the former owner can buy the home back, usually by paying the sale price plus costs. Not every state has one. Nevada, Utah and Texas give no right to redeem after a trustee sale, while Alabama allows 180 days for a homestead.
Updated November 2026. A plain-language definition, not legal advice.
How it works
Where it exists, the redemption period starts at the sale. The auction buyer gets a certificate or deed, but the former owner can still reclaim the home by paying the amount the law sets before time runs out.
Many states allow redemption only before the sale, which is the right to pay off the loan in full. Post-sale redemption is less common and is more often tied to judicial sales.
How it differs by state
Foreclosure rules are set by each state. Here is how it works in the three states we cover most closely.
What to watch
In states with a redemption period, an auction buyer may not get clear possession until it ends. Price that risk in.
Rules differ for HOA and tax sales. Check the type of sale, not just the state.
Questions people ask
What is a redemption period in foreclosure?
A redemption period is time after a foreclosure sale when the former owner can buy the home back, usually by paying the sale price plus costs. Not every state has one. Nevada, Utah and Texas give no right to redeem after a trustee sale, while Alabama allows 180 days for a homestead.
Does Nevada have a redemption period after foreclosure?
No. Nevada gives no right to redeem after a trustee sale. The borrower can reinstate up to five days before the sale.
Related terms
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