Should I Sell My Redemption Rights?
If you are in foreclosure and are in a good equity position with your home, chances are good that you’ve had investors already approach you about buying your redemption rights. I’m sure this has left you wondering if it’s in your best interests to sell them to a cash buyer.
What Are Redemption Rights?
If you are going through foreclosure on your house, you may be wondering what exactly are redemption rights. Redemption rights are in place to let the homeowners redeem (buy back) foreclosed properties.