Home Foreclosures: 10.9 Former Owners in Possession of Property Following Foreclosure
Unless the sale is set aside, the right of a former homeowner to possess the property terminates with the foreclosure sale,716 ratification,717 or at the expiration of the redemption period.718 Procedures will vary depending on whether it was a judicial or non-judicial foreclosure. Often the purchaser at the foreclosure sale (who will often be the lender) will bring an eviction action against the former homeowner and obtain a judgment.