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Reload this Page What does Redemption Expiration Date on a mortgage...

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Old 07-15-2007, 11:39 PM
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Join Date: Jul 2007
Posts: 1
Default What does Redemption Expiration Date on a mortgage...
...Foreclosure mean? Example-
Date of Sale: 7/2/2007
Redemption Expiration Date: 1/2/2008

Then it goes on to say the final bid,the deputy's name, and the final bid amount.
What does all that mean?? I have a friend who is interested in a house that is going into foreclosure.
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