My house was foreclosed on. I had a 6 month redeption period. Friday the 21 is the last day. What happens next? I live in MI.
2007-09-17 14:22:37 · 8 answers · asked by gloria p 2 in Business & Finance ➔ Renting & Real Estate
will they throw my stuff out that day? or will someone come to the house and give me another day or two?
2007-09-17 14:38:24 · update #1
Notice to evict, depending on county, 10 days from that notice, you may have less if there are mitigating circumstances. I have been involved in a few, and they aren't pretty. Contact your county govt., and they will have a motion to evict date. Move out prior to that date, as when they remove you, it has been my experience the people they hire to remove the items from the home , do not care how they get it to the curb! Good Luck!
2007-09-17 14:37:20 · answer #1 · answered by Anonymous · 1⤊ 0⤋
hi! well, in the philippines if a property is foreclosed, you will be given a notice that it is to be foreclosed. Then, you have until one (1) year to redeem the property, after such time if you cannot redeem it, they will again send you notice. then, if again you failed to redeem the property, u can still rent or have the property back by buying it back.. refinance it..
talk to the Registry of Deeds or Land Reform Authority
2007-09-17 16:01:00 · answer #2 · answered by alecks_dthird 1 · 0⤊ 0⤋
As i are conscious of it (SoCal), if the valuables is foreclosed, the economic company owns it. Their interest is in getting their own loan stability quantity back (which contain owed interest), not extra. to any extent further and that they might desire to return the money to the individuals they foreclosed on. The economic company will assign a actual property agent (many circumstances self sufficient) to postpone the valuables. consistent with how lots the economic company needs to hide the debts, they'll settle on on in the event that they choose to place money into holding the abode. in fact, the economic company owns it and might do despite they choose to with it. you are able to touch the RE company and see in the event that they are nevertheless dealing with the sale. in the event that they are, ask them in the event that they'll save the valuables or no longer.
2016-10-09 09:19:18 · answer #3 · answered by weigelt 4 · 0⤊ 0⤋
I think there are three options, waite till they throw all yer stuff to the curb hire a (lawyer) or move, or or contact the lender and work it out cause it costs them to go ahead
good luck
2007-09-17 14:33:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I guess you better look for somewhere Else to live and Quick or the car theory will look pretty good.
2007-09-17 14:30:38 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you move, and someone buys your house for cheap. then your credit gets shot to hell for about 7 years. hope you can get an apartment.
2007-09-17 14:28:59 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You redeem it by Friday or it's gone for good.
2007-09-17 14:31:03 · answer #7 · answered by Bostonian In MO 7 · 0⤊ 0⤋
You will have to live in your car
2007-09-17 14:28:19 · answer #8 · answered by OhiosGirl 4 · 0⤊ 0⤋