What is a Redemption Amount?
A redemption amount is the amount necessary to pay off the Deed of Trust in default. The Public Trustee's foreclosure files do not contain these figures unless an Intent to Redeem has been filed. The figures are requested and received from the foreclosing attorney for the lender or the over-bidder at the time of the sale.

Show All Answers

1. What is a cure amount?
2. Who can file an Intent to Cure?
3. What is a Redemption Amount?
4. Who can file an Intent to Redeem?
5. How does Bankruptcy affect a foreclosure?