If my property was foreclosed due to non-payment of property taxes, can I get it back after it has been auctioned?
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If my property was foreclosed due to non-payment of property taxes, can I get it back after it has been auctioned?
The property has been foreclosed on and being auctioned. I am taking the money out of my
retirement but it is taking longer than I thought. Can I still reclaim the property after the auction?
Asked on November 15, 2017 under Real Estate Law, New York
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
No, you cannot: your right to "redeem" the property ends before the auction, and once the auction is over, the property will belong to whomever purchased it at auction. You have to redeem the property prior to the auction or else you will lose it.
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