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nj law for right of redemption post sheriff sale

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at714 Guest	Posted: Tue Feb 02, 2010 4:46 pm    Post subject: nj law for right of redemption post sheriff sale Like 0 Dislike 0 looking for right to redemption laws for new jersey. house going up for sheriffs sale thurs and need to know how much time i have . can't get any answers local
jenkin7 Joined: 04 Jun 2007 Posts: 4537 Location: Hawaii 728.43 Dollars($)	Posted: Wed Feb 03, 2010 12:20 am    Post subject: Like 0 Dislike 0 Hi Guest, As far as I know, borrowers are entitled to a right of redemption after the sheriff sale of the house. They can redeem the property if they pay off the outstanding balance on the loan plus the foreclosure and attorney fees. However, in New Jersey the borrowers have a time limit of only 10 days to carry out their right of redemption.

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