Iowa Code

Iowa Code § 654.23 (2026)

No redemption rights after sale

✓ current as of July 2026

Find cases: SyfertCases citing this section IA-LEGlegis.iowa.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

The mortgagor has no right to redeem after sale. Junior lienholders have no right to redeem after sale. The mortgagee or a junior lienholder may purchase at the sale and, if so, acquire the same title as would any other purchaser other than the mortgagor. If the mortgagor at the sale bids an amount equal to the judgment, the property shall be sold to the mortgagor even though other persons may bid an amount which is more than the judgment. If the mortgagor purchases at the sale, the liens of junior lienholders shall not be extinguished. If a person other than the mortgagor purchases at the sale, the liens of junior lienholders are extinguished. 87 Acts, ch 142, §9; 2016 Acts, ch 1073, §177 Referred to in §654.20\n\n 654.24 Deed and possession. The purchaser at the sale is entitled to an immediate deed and immediate possession. 87 Acts, ch 142, §10 Referred to in §654.20

Notes of Decisions

Cited in 2 cases, 1993–2001 · leading case: West Des Moines State Bank v. Pameco, Inc., 501 N.W.2d 555 (Iowa Ct. App. 1993).

Sort: Relevance Newest Treatment

West Des Moines State Bank v. Pameco, Inc., 501 N.W.2d 555 (Iowa Ct. App. 1993). · cites it 10× “…If a person other than the mortgagor purchases at the sale, the liens of junior lienholders are extinguished. Iowa Code § 654.23 (1991).”

Norwest Credit, Inc. v. City of Davenport, 626 N.W.2d 153 (Iowa 2001). · cites it 3× “” Iowa Code § 654.23 . The question then remains, is a foreclosure sale purchaser a subsequent purchaser under section 403.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.