JUDICIAL POST-SALE REDEMPTION
Some states like California, afford you an additional redemption opportunity after the foreclosure sale has concluded. This is called “post-sale redemption” and it is, in most cases, the final opportunity for you to save your home by paying the full redemption price plus costs and fees.
Note however, a post-sale redemption is usually only available where the lender has also sought a deficiency judgment against you.
In most cases the only way your lender can actually cut-off your post-sale right of redemption is for the lender to forfeit it’s right to a deficiency judgment. This can be a powerful negotiating tool with your lender and an experienced foreclosure lawyer will know how to exploit this advantage in the homeowners favor given the right circumstances.