Finance
After a judicial foreclosure sale in Indiana, the former homeowner may have a right to:
AStay in the property rent-free for two years
BRedeem the property by paying the full judgment amount within the statutory redemption period✓ Correct
CReceive 50% of any surplus from the sale
DNegotiate a deed-in-lieu after the sale
Explanation
Indiana law provides a statutory right of redemption, allowing the former owner to reclaim the property by paying the full foreclosure judgment plus costs within the prescribed period after the foreclosure sale.
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