At any point before the foreclosure process is complete,ownership of the land can be regained if the borrower is able to repay the loan.

Question

Quizplus · Accepted Answer

This process is known as redemption. Before the foreclosure process is finalized, the borrower can reclaim ownership of the property by paying off the full amount of the debt, including any additional costs incurred during the foreclosure process.

At Any Point Before the Foreclosure Process Is Complete,ownership of the Land