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Idaho Real Estate Q&A Discussion Forum
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Updated almost 8 years ago,

User Stats

31
Posts
8
Votes
Jocelyn Hinz
  • Investor
  • Dallas, TX
8
Votes |
31
Posts

Idaho judicial foreclosure right of redemption

Jocelyn Hinz
  • Investor
  • Dallas, TX
Posted

Hello BP! Looking for some advice on a judicial foreclosure here in Idaho. Most foreclosures here are non-judicial, so this is new to me. There is a property I'm looking at that is going to sheriff's sale and I'm trying to make sure I fully understand the right of redemption. I know that the borrower has up to six months to redeem (the property is less than 20 acres). But what I can't seem to get clear on, is what they would need to pay? Just the amount paid by the auction winner? Or that plus the difference owed to the bank? What about if improvements were done to the house in the meantime? Any help would be much appreciated.