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Updated over 4 years ago on . Most recent reply
King County Foreclosure - Owners can buy back after 1 year?
A property developer told me they avoid foreclosures because the owners could come back within a year and re-claim their property. Is this true? I've been doing research, but can't find anything about this. The King County Foreclosure office wouldn't answer me and told me to speak with a lawyer.
This doesn't seem correct - that I'd buy a property, fix it up, and then the owners can take it back from me just by paying their back taxes.
Most Popular Reply
That's right - the word is redemption. Thanks both of you - I dug deeper and it is the Sheriffs sales where this redemption period applies.