Re: sherrif sale

Posted by shirley on June 30, 2005 at 08:25:56:

In Reply to: Re: sherrif sale posted by NJDave on June 30, 2005 at 06:55:54:

: If your home is considered non-agricultural, there could be a three month redemption period... meaning that you can redeem your property within 90 days from the date of the sale by bringing new money (sale or refi)to the table, and paying off your old mortgage plus whatever else must be paid.

: You can check when the Certificate of Sale was recorded against your deed. That starts the redemption clock.

: If you don't redeem,the title will pass from you to the new owner... and the new owner will ask that you move out.

i understand all of that the 90 days is almost up so how do i know if it was bought at sell i do not live in the house anymore and what happens if it was not sold for what was owed. or what if it goes back to the lender? i just want out from under it.

Follow Ups:

• Re: sherrif sale - steele in minnesota 14:38:48 06/30/05 (0)

Name    : 
E-Mail  : 
Subject : 

Comments:
: : If your home is considered non-agricultural, there could be a three month redemption period... meaning that you can redeem your property within 90 days from the date of the sale by bringing new money (sale or refi)to the table, and paying off your old mortgage plus whatever else must be paid.

: : You can check when the Certificate of Sale was recorded against your deed.  That starts the redemption clock.

: : If you don't redeem,the title will pass from you to the new owner... and the new owner will ask that you move out.

: i understand all of that the 90 days is almost up so how do i know if it was bought at sell i do not live in the house anymore and what happens if it was not sold for what was owed. or what if it goes back to the lender? i just want out from under it.


Optional Link URL : 
Link Title        : 
Optional Image URL: 

    

    
    
    
   

Foreclosures Section

Foreclosure Help

Foreclosure Investing

Real Estate Articles

Our Site Resources

Discussion Archives