Finance
Vermont property owners who fall behind on their mortgage should be aware that Vermont's foreclosure redemption period allows:
ANo right of redemption after the foreclosure sale
BIn some foreclosure types, a period after the foreclosure sale during which the homeowner may redeem the property by paying the full debt✓ Correct
CThe right to live in the property indefinitely after sale
DOnly a 7-day period to cure the default
Explanation
Vermont's foreclosure laws may provide a redemption period depending on the type of foreclosure, allowing a homeowner a limited time after the foreclosure sale to pay the full debt and reclaim the property.
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