Redemption and Deficiency Judgments in Alaska
Whether you can buy back your home after a foreclosure sale in Alaska, and whether the lender can sue for what's still owed.
Short answer: After a nonjudicial trustee's sale, the borrower has no right to redeem unless the deed of trust says so; the sale ends the borrower's rights in the property. Alaska Stat. §§ 34.20.090(a), 34.20.080(i), 09.45.190, 09.35.250
| Redemption after the sale | After a nonjudicial trustee's sale, the borrower has no right to redeem unless the deed of trust says so; the sale ends the borrower's rights in the property. After a court-ordered foreclosure sale, the property may be redeemed like property sold on execution: the borrower may redeem before the court confirms the sale, or within 12 months after the order confirming the sale, by paying the purchase price plus 8% annual interest and certain taxes and expenses. Re-verified 2026-10-27. |
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| Deficiency judgments | After a nonjudicial trustee's sale, no deficiency judgment may be entered against the borrower, surety or guarantor on the debt. In a court foreclosure, the judgment determines personal liability, and any deficiency between the judgment and the sale price may be enforced by execution. Re-verified 2026-10-27. |
More Alaska foreclosure & homeowner law
- How Foreclosure Works in Alaska
- HOA Liens and Foreclosure in Alaska
- Getting Your Home Back After a Tax Sale in Alaska
- All Alaska foreclosure & homeowner law rules
FAQ
Is there a right of redemption after foreclosure in Alaska?
After a nonjudicial trustee's sale, the borrower has no right to redeem unless the deed of trust says so; the sale ends the borrower's rights in the property. After a court-ordered foreclosure sale, the property may be redeemed like property sold on execution: the borrower may redeem before the court confirms the sale, or within 12 months after the order confirming the sale, by paying the purchase price plus 8% annual interest and certain taxes and expenses.
Can the lender come after you for the rest of the loan after foreclosure in Alaska?
After a nonjudicial trustee's sale, no deficiency judgment may be entered against the borrower, surety or guarantor on the debt. In a court foreclosure, the judgment determines personal liability, and any deficiency between the judgment and the sale price may be enforced by execution.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.