Foreclosure in Canton : Questions & Answers

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Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
Is a short sale still possible after a Sherriff auction?
You will be fine, congrats that you did sell your home though first.
It will help during the redemption period.

Good luck
Perry
0 votes Share Flag Sun Apr 13, 2014 Foreclosure in Canton
aftervince19…, Other/Just Looking in Greenville, NC
aftervince1973 answered:
When can we buy a house after foreclosure.?
Don't let a foreclosure stop you from buying a new home. See Comstock if you have a buyer in need.
0 votes Share Flag Sat Apr 5, 2014 Foreclosure in 48187
Kathy Koslov…, Real Estate Pro in 48187
Kathy Koslovsky answered:
Can the ower of an house evite me if a property has been forclosed?
I would check with a real estate lawyer.
It sounds like the homeowner has lost the home either to the city or the bank.
A lawyer will be able to tell you and to advise you as to wheth ... more
0 votes Share Flag Wed Apr 10, 2013 Foreclosure in 48187
Cheryl Nothn…, Real Estate Pro in Novi, MI
Cheryl Nothnagel answered:
Is this home still available and on the market, I would like to make a bid on the home?
Hi kevin,

This home actually sold in Jluy of 2012. There are other homes out there for sale and it would be my pleasure to assist you in finding one. Please give me a call at 734-323 ... more
0 votes Share Flag Fri Mar 15, 2013 Foreclosure in Canton
Simon Campbe…, Real Estate Pro in Miami Beach, FL
Simon Campbell answered:
We are buyers, awaiting short sale approval. We just found out house is scheduled for sheriff sale auction. Can they auction out from under us???
Wow, "approval" since August. What a mess! As if foreclosure wasn't hard enough, lenders have to drag their feet and torture home owners even more.

If you cannot get them to postpone ... more
1 vote Share Flag Tue Feb 5, 2013 Foreclosure in Canton
Dp2, Other/Just Looking in Virginia
Dp2 answered:
What rights does a sellers lender have after filing Michigan ch. 7 bk to include liquidation of the house? Do they have to approve the purchase offer?
There isn't a 'normal' process. Each bankruptcy case is handled differently. Yet, typically, if the court appointed trustee approves a request for sale, then the banks ... more
0 votes Share Flag Sat Mar 26, 2011 Foreclosure in 48187
Wov, Other/Just Looking in Canton, MI
Wov asked:
how can I find out who the attorney is on a sherrif deed? I am divorced and have a lien on the property, I just saw it listed as a sherrif deed 12/9/2009. I was not contacted, I need to contact the attorney to tell him of my financial interest…
0 votes Share Flag Fri Mar 19, 2010 Foreclosure in Canton
Renee Badall, Real Estate Pro in Ann Arbor, MI
Renee Badall answered:
For a foreclosure house, bank is asking for a full mortgage commitment via “stip” letter by a direct endorsed lender. What is this mean? Is this?
Hi Netman,

The bank that owns the particular foreclosure home that you are interested in is asking for assurance that the buyer from whom they accept an offer is actually going to be ... more
0 votes Share Flag Sun Nov 8, 2009 Foreclosure in Canton
Derek Bauer,…, Real Estate Pro in Livonia, MI
Derek Bauer, Door to Dreams... answered:
Hi, what happen if I foreclose the second home? what is the tax consequences?
Pete,

I agree with Andy in that there are other alternatives than walking way. I never, ever advise anyone to walk away. For legal (and I feel ethical, also) reasons, you should ex ... more
0 votes Share Flag Tue Mar 31, 2009 Foreclosure in Canton
Robin Kay Co…, Real Estate Pro in Plymouth, MI
Robin Kay Cooke answered:
Buying our first house! Cherry Hill Village?
Yes, prices in Cherry Hill Village and throughout the southeastern Michigan area are continuing to fluctuate. I would recommend that you continue to monitor the market for a few more m ... more
0 votes Share Flag Fri Jan 2, 2009 Foreclosure in Canton
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