Mineral Bluff, GA asked in Foreclosure, Real Estate Law, Tax Law and Land Use & Zoning for Georgia

Q: Do you have a certain amount of time to buy back or reimburse someone after they bought property

At auction due to a death and the property to be considered unclaimed

1 Lawyer Answer
Jennifer Pierce
Jennifer Pierce
  • Foreclosure Defense Lawyer
  • Johns Creek, GA
  • Licensed in Georgia

A: Your question is not clear as to the type of auction involved. There is no right of redemption after a foreclosure sale in Georgia. If this was a tax sale, redemption can occur until such time as the tax sale purchaser forecloses the right to redeem, which cannot occur until one year after the tax sale. However, the amount needed to redeem will be more than what the purchaser paid to obtain the property.

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