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Answers (3)
- Mark Gelbman, "Mark Gelbman"
- Contributions:222
I have seen cases where a homeowner buys back their own home at auction. You will need to come up with your own funds, or find a hard money lender. Banks will not use unemployment income as an income source.
- JayBowden
- Contributions:2
thank you karen for your time. is that buying it from the bank? i heard it could go to an auction?
the house is in detroti and im way upside down it and the bank dosent wanna work with me because im on unemployment grrrrr
the house is in detroti and im way upside down it and the bank dosent wanna work with me because im on unemployment grrrrr
- Karen Paytas, "Karen. Paytas"
- Contributions:77
Jay,
Good Morning!! In most instances you have at least 6 months redemption. You can purchase the home back for all back payments plus the costs associated with the foreclosure.
Good Luck!
Good Morning!! In most instances you have at least 6 months redemption. You can purchase the home back for all back payments plus the costs associated with the foreclosure.
Good Luck!
if i forclose on my house im i able to buy it back under the michigan redemption law?
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