Foreclosure in 48030 : Real Estate Advice

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mgbucks, Home Buyer in Chicago, IL
mgbucks answered:
How much time do I have in my home? It has been auctioned and purchased by my lender Wells Fargo. It is set for judicial commitment in 2 days.
mgbucks, Home Buyer, Chicago, IL
They sold the loan to Fannie Mae. Then when the auction was held, guess who
bought my property? Yep! Wells Fargo. They told me to call them and they w ... more
0 votes Share Flag Wed Mar 20, 2013 Foreclosure in 48030
mgbucks, Home Buyer in Chicago, IL
mgbucks answered:
My home was sold at auction on April 29, 2008. My 6 months is almost up. What happens now???
And, by the way, it would be interesting to see how many of those 10% of the modifications were
granted to family members. Nepotism is alive and well in the banking business, as well ... more
0 votes Share Flag Wed Mar 20, 2013 Foreclosure in 48030
Jason Gorton, Real Estate Pro in Rochester, MI
Jason Gorton answered:
Is Michigan a recourse mortgage or non-recourse Is Michigan a recourse mortgage or non-recourse?
Michigan is a recourse State. I highly recomend speaking to an attorney to understand the implications of this. My understanding is that there is six years under contract law that a l ... more
0 votes Share Flag Tue May 8, 2012 Foreclosure in 48030
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