Real Estate Glossary

Redemption period

/glossary/redemption-period
A window of time after a foreclosure sale during which the former owner can buy back the property by paying the full sale price plus interest and fees. Varies by state: Alabama (365d), Michigan (180d), Wisconsin (365d), many states zero days.

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Reviewed by John Quigley · Founder, BuyHousesInCash · Last updated May 2026

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