Re: Indiana Foreclosure
Posted by steele in minnesota on February 22, 2006 at 20:41:20:
In Reply to: Re: Indiana Foreclosure posted by Brenda Russell on February 22, 2006 at 10:13:56:
: : According to two different foreclosure procedure charts that I have, Indiana has a 3 month redemption period. If you fit under that you do have time to buy it back from the winning bidder. You might want to contact the trustees (attorneys) handling your file to find out the exact procedure. Perhaps even the Sheriff Department will help you with information.
: : But get right on it. Clock is ticking.
: : Steele V. Propp: : Foreclosure Specialist: : REO Division: : Schatz Group GMAC : : Minneapolis, MN : : steelep@aol.com
: Thank you, we have retained an attorney, too late I might add. He advised the redemption period in Indiana is up to the point of the Sheriff sale. I was hoping for another option.*****************************
Would never want to suggest an attorney could ever be wrong... :>)
But.
First I find it odd that two different foreclosure guides would be wrong. Not impossible, but odd.
But what really makes me wonder is the comments you made that he said redemption was over at the sheriff sale. Redemption, if there is any, is always AFTER the sheriff sale. Before the sale you still own the property. There is nothing to "redeem".
Hate to question the attorney but is he/she a real estate attorney and even more important, a foreclosure expert?
A second opinion might be a good idea...
Steele
- Re: Indiana Foreclosure - Jim V 01:26:19 02/23/06
(4)
- Re: Indiana Foreclosure - Steele in Minnesota 07:01:39 02/23/06
(3)
- Re: Indiana Foreclosure - Irwin 07:22:05 02/24/06
(0)
- Mostly semantics - Jim V 12:32:26 02/23/06
(1)
- Re: I can settle this - Irwin 07:18:31 02/24/06
(0)
- Re: I can settle this - Irwin 07:18:31 02/24/06
(0)
- Re: Indiana Foreclosure - Irwin 07:22:05 02/24/06
(0)
- Re: Indiana Foreclosure - Steele in Minnesota 07:01:39 02/23/06
(3)
