Redemption and Deficiency Judgments in New Hampshire
Whether you can buy back your home after a foreclosure sale in New Hampshire, and whether the lender can sue for what's still owed.
Short answer: Before foreclosure, a borrower may redeem mortgaged land after a default by paying (or legally tendering) everything the mortgage secures plus damages and costs caused by the default. N.H. Rev. Stat. Ann. §§ 479:18, 479:26
| Redemption after the sale | Before foreclosure, a borrower may redeem mortgaged land after a default by paying (or legally tendering) everything the mortgage secures plus damages and costs caused by the default. Once the foreclosure deed and affidavit are recorded, title passes to the buyer free of interests that do not have priority over the mortgage. Claims challenging the notice or conduct of a foreclosure sale must be brought within one year and one day after the foreclosure deed is recorded (RSA 479:25, II-a). |
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More New Hampshire foreclosure & homeowner law
- How Foreclosure Works in New Hampshire
- HOA Liens and Foreclosure in New Hampshire
- Getting Your Home Back After a Tax Sale in New Hampshire
- All New Hampshire foreclosure & homeowner law rules
FAQ
Is there a right of redemption after foreclosure in New Hampshire?
Before foreclosure, a borrower may redeem mortgaged land after a default by paying (or legally tendering) everything the mortgage secures plus damages and costs caused by the default. Once the foreclosure deed and affidavit are recorded, title passes to the buyer free of interests that do not have priority over the mortgage.
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.