Foreclosure in 48108>Question Details

Cemea2, Home Buyer in Ypsilanti, MI

hello, my mother passed away with no will so her house was occupied by my brother, he lost it, what I want to know is if I can buy it since it is in f

Asked by Cemea2, Ypsilanti, MI Mon Jun 24, 2013

forclosure

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Answers

2
If the Bank owns the house now, then you will be one generation removed from the Arms-Length rule.
You will competing in the open market, just like everyone else.
You might ask your Realtor if you should disclose your relationship; but I doubt it.
0 votes Thank Flag Link Mon Jun 24, 2013
No one here could answer that since we don't know the details of the foreclosure. You need to speak to a lawyer and a loan officer to see if you can or not.
0 votes Thank Flag Link Mon Jun 24, 2013
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