Property was auctioned off on July of 2008. Can a homeowner redeem the property from the Bank?

Asked by Real Estate SINY, STATEN ISLAND, NY Sat Oct 11, 2008

Can a homeowner redeem the property from the Bank? and Is anyone else alowed to redeem the property with the homeowners permission? does anyone else have the right to redeem the property ?

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Michael Meni…, , Staten Island, NY
Tue Oct 28, 2008
the right of redemption terminates at the time of ;the foreclosure auction. if the bank took it back at the auction you could theoretically try to vacate the sale if there was some impropriety. this is not a highly likely event.
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