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Current Foreclosure Discussion Foreclosures Discussion Archive 13



Re: redemption price?NJ judgment vs payoff


Posted by NJDave on April 23, 2005 at 10:44:28:

In Reply to: redemption price?NJ judgment vs payoff posted by tate on April 22, 2005 at 13:44:19:

To my underdtanding, the redemption (10 days) would be for the entire judgment amount plus all fees... irrespective of the 'upset price'... and would essentially reinstate any liens junior to the foreclosing entity's position.

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