Foreclosure in Pontiac : Advice

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Kathy Persha, Real Estate Pro in Michigan
Kathy Persha answered:
What is the procedure after the sherrif sale had happen in Michigan?
Hi Terry,

As Karen stated, in Michigan there is a 6-month redemption period. During that six month period, you can redeem your property for the amount that it was sold for at the sh ... more
0 votes Share Flag Sun Dec 29, 2013 Foreclosure in 48342
Maureen Fran…, Real Estate Pro in Birmingham, MI
Maureen Francis answered:
when a home go into foreclosure, from a short sale what happen to your bid? would you still have it pending until they move? and how long ?
After the bank takes the property and markets it on their own, your offer not longer exists. You will have to submit another offer. The bank is now the seller, and your first offer wa ... more
0 votes Share Flag Sun Apr 17, 2011 Foreclosure in Pontiac
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
if my dad died and had a mortgaeg and dident leave the house to any one what can i do
It depends on the state. If someone dies without a will, the states usually has a priority of disbursement. It is always a difficult situation when there is no will and many realitive ... more
0 votes Share Flag Sun Dec 12, 2010 Foreclosure in Pontiac
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
i dont no what to do both of my parents died and had a mortgage and they dident leave the house to any of us kids what can i do
Kindly,

This is definately an issue best referred to an attorney for their advice and something best done sooner than later.

Best wishes,

Bill
0 votes Share Flag Wed Dec 8, 2010 Foreclosure in Pontiac
Voices Member,  in
Voices Member answered:
Hi...If you buy a new home for cash then let your old home go into foreclosure, can they take your new home?
Pizza,

You might want to read through this.... http://www.mortgagefraud.org/

http://www.mortgagefraudblog.com/

It's a dumb idea...
0 votes Share Flag Sat Aug 15, 2009 Foreclosure in 48340
David Miller, Real Estate Pro in Minneapolis, MN
David Miller answered:
i recently been discharged for bankruptcy and is living in a rental house now for almost 3yrs with rent at
You should probably contact a mortgage broker in your local area to see if there are any loan programs you can qualify for. Just be aware that if it was a Chapter 7, then you are probab ... more
0 votes Share Flag Thu Apr 16, 2009 Foreclosure in Pontiac
Gary Smith, Real Estate Pro in Michigan
Gary Smith answered:
who owns the home at 410 second st. pontiac mi 48340?
Mike, The current owners name is Mike P. Home is in foreclosure with Citibank having a sheriff deed. Foreclosure homes may or may not be a good investment.
0 votes Share Flag Thu Jan 3, 2008 Foreclosure in 48340
Wayne Laverd…, Real Estate Pro in Dover, NH
Wayne Laverdiere answered:
If you short sale a house after the sherif sale does it still hurt your credit?
I'm somewhat confused by your question on if you can still do a short sale at this point. I'll leave that part of the question alone, but I did want to mention that you might want to ta ... more
0 votes Share Flag Mon Nov 26, 2007 Foreclosure in Pontiac
Maureen Fran…, Real Estate Pro in Birmingham, MI
Maureen Francis answered:
How do i find out if this house is available, either through foreclosure or other wise?
It is not listed in the MLS yet. It was foreclosed in July.
0 votes Share Flag Wed Sep 26, 2007 Foreclosure in Pontiac
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