Re: CASH FOR HOMES
Posted by Nick(Colorado) on July 01, 2003 at 10:13:58:
In Reply to: CASH FOR HOMES posted by ROBERT PERUSKI on July 01, 2003 at 00:17:10:
Robert Peruski:
If you sell to a foreclosure investor during the redemption period I would not expect to see much more than 80% of FMV.This is about what you indicated that you own, in this case. However you may own more. Before you list the property I would get the real redemption figure from the trustee. In MichiganI think that the trustee is the registrer of deeds. If youowned ~115K when foreclosure started, its probably up to at least ~125K by now.
