Redemption and Deficiency Judgments in Delaware
Whether you can buy back your home after a foreclosure sale in Delaware, and whether the lender can sue for what's still owed.
Short answer: The statute provides that the buyer at a confirmed sheriff's sale in a mortgage foreclosure holds the property "discharged from all equity or redemption" and from encumbrances made by the borrower. 10 Del. C. § 5066
| Redemption after the sale | The statute provides that the buyer at a confirmed sheriff's sale in a mortgage foreclosure holds the property "discharged from all equity or redemption" and from encumbrances made by the borrower. The Delaware mortgage foreclosure statutes reviewed do not provide a post-sale redemption period. Re-verified 2026-10-27. Source: 10 Del. C. § 5066 |
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More Delaware foreclosure & homeowner law
- How Foreclosure Works in Delaware
- HOA Liens and Foreclosure in Delaware
- Getting Your Home Back After a Tax Sale in Delaware
- All Delaware foreclosure & homeowner law rules
FAQ
Is there a right of redemption after foreclosure in Delaware?
The statute provides that the buyer at a confirmed sheriff's sale in a mortgage foreclosure holds the property "discharged from all equity or redemption" and from encumbrances made by the borrower. The Delaware mortgage foreclosure statutes reviewed do not provide a post-sale redemption period.
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.