Unless I learn that you are all wrong (unlikely, but I guy can hope!), I'll work with the lender to settle the debt.
Type: Posts; User: Douger77; Keyword(s):
Unless I learn that you are all wrong (unlikely, but I guy can hope!), I'll work with the lender to settle the debt.
Tough crowd here... There are sometimes extenuating circumstances and is really the reason for the redemption option and bankruptcy. And don't think for a second that the "people he screwed over"...
Thank you all for explaining and helping me to understand. This unfortunately isn't the news I was hoping for, but makes perfect sense now. I asked some of these same questions prior to redeeming...
Thanks to all of you so far for the replies. Here's a couple responses to your comments.
Unfortunately I was just made aware of the problem so I started doing some research to try and avoid...
My question involves real estate located in the State of: Michigan
Short version: My primary (only) home was foreclosed on by the primary lender in 2015 and sold at Sheriff sale. The 2nd lender...
adjusterjack- am I incorrect in thinking the first mortgage holder no longer has rights to the property since it was sold at the sheriff sale? In which case, what rights exactly does the second...
My question involves a mortgage in the state of: Michigan
My house was just sold at Sheriff sale. Shortly after the foreclosure process started (2013) I filed a chapter 7 bankruptcy which...