2006-08-20 02:03:17 · 5 answers · asked by Lisa Holler 2 in Business & Finance ➔ Renting & Real Estate
The person or company that buys the house can do what they wish with it. The person living there before must get out in a specific amount of time (varies by state). Each state has a redemption period (some don't--some have up to a year) that the owner can redeem the property.
2006-08-20 02:09:56 · answer #1 · answered by Jaime-Lyn! 5 · 0⤊ 0⤋
In maximum states you have 6 months remarkable of redemption, from the date of sheriffs sale. An eviction be conscious follows, 10 day be conscious to vacate, lower back, in maximum states. examine on the statutes on your state. In any adventure, on the tip ,if there is very own assets, (inclusive of folk), all are positioned to the decrease! sturdy luck!
2016-09-29 11:35:33 · answer #2 · answered by ? 4 · 0⤊ 0⤋
The mortgage company puts the house on the market again. Usually a pretty good deal. They will reduce the price each 30 days.
2006-08-23 00:48:22 · answer #3 · answered by Barbwired 7 · 0⤊ 0⤋
The sheriff goes home with his new owner.
2006-08-20 02:25:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Well my attorney files the paperwork to pay for the house then we go to lunch.
2006-08-20 02:09:48 · answer #5 · answered by N3WJL 5 · 0⤊ 0⤋