What are “Redemption Rights?”

Redemption Rights allows the homeowners who defaulted on their mortgage the ability to reclaim their property after the house auctioned. The house can be redeemed by paying the auction price (plus interest and penalties). This must be paid in cash before the redemption time expires. In the state of NM, homeowners have 30 days to redeem. The 30-day countdown starts when the judge has reviewed, approved and signed on the auction.

Selling your Redemption Rights

Unfortunately, the majority of homeowners are not in a position to redeem their house after it was auctioned. However, we are here to serve and specialize in this , redemption rights can be transferred to a third party. Transferring your redemption rights puts money in your pocket and has no effect on the foreclosure action on the house. For practical purposes, it’s an independent transaction.

Here at Cash for Homes NM, we are willing to buy your redemption rights. Please contact us today to discuss the process, the paperwork required, and your cash offer. We look forward to serving you!!

We specialize in purchasing redemption rights!

Let’s Get Started!

Request a Consultation to Sell Your Redemption Rights.

If you would like to sell your redemption rights, we can get you a cash offer in less than 48 hours!

    By submitting the contact form and signing up for texts, you consent to receive marketing text messages from Zia Acquisition Services at the number provided. Consent is not a condition of purchase. Message and data rates may apply. You can unsubscribe at any time by replying STOP to the received SMS (texts) or clicking the unsubscribe link (where available) in the marketing text messages.
  • This field is for validation purposes and should be left unchanged.