Once a mortgage has been foreclosed and sold to a new buyer, the new buyer's title may still be devested if the previous mortgagor timely redeems.

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This is known as the right of redemption, which allows the previous mortgagor to reclaim the property by paying off the outstanding debt before a certain deadline, even after the foreclosure sale has occurred. If the previous mortgagor exercises this right, the new buyer's title is devested, meaning they lose their ownership interest in the property.

Once a Mortgage Has Been Foreclosed and Sold to a New