Foreclosure in Bloomfield Hills : Real Estate Advice

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Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Hi, My name is Eddie. when a home is under redemption period can the seller sell the house to whom ever he wants at the price he wishes ?
Generally during a redemption period, the owner can choose to repay the lender in order to avoid foreclosure; for the sale to occur the terms of the lender need to be met; therefore, yo ... more
0 votes Share Flag Fri Oct 14, 2011 Foreclosure in 48301
Kathy Persha,  in Clarkston, MI
Kathy Persha answered:
Owner selling home during redemption period
Mike, I am very familiar with this situation. About 30% of all foreclosures in Michigan are now underbid by the lender. That means that the lender bids less than what is owed at the s ... more
0 votes Share Flag Sun Sep 5, 2010 Foreclosure in 48301
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