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Redeem Property as an Heir After Foreclosure [TN]

Hello,

I just received a phone call from a company claiming to help families/heirs collect surplus funds after a foreclosure sale.

At first I thought it was a possible scam.

They claim heirs don't pay them, but that they take a contingency on the claimed funds (~35%).

Background:
My grandmother owned property in a small rural town in TN. I live in Florida.

Is there any way for me to redeem/reclaim the property and keep it after foreclosure?

I'm reading that in some states, there is a time period to do this, but am curious if others have done this before and what steps I should be exploring, what documents I need, and if I absolutely need to hire an attorney.

Advice?

(P.S. I know there are lots of property owners here who take advantage of situations like these to increase their portfolio. I'm asking as someone who both wants to retain this property due to family sentiment AND to increase my own property portfolio).

submitted by /u/unstereotyped
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1se48e7/redeem_property_as_an_heir_after_foreclosure_tn/
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