Foreclosure Law Michigan
July 22nd, 2007
Foreclosure Law Michigan
Question: about foreclosure?
my brother-in-law is trying to work a deal with my mortage company, so we do not lose our home. but here's my question: if our home does get auctioned off, how long do we have before we have to be out. we are in flint michigan, and have no were else to go. any investors out there? we need help. our mortage company is nothing but a bunch of liars. i also got this loan with a 536 credit score, should not have gotten this loan. why did i?
krjones i wish i could e-mail you!>
Answer: Sometimes it depends on the bank. They can't just kick you out like that. You may even have up to 6 months. What you do is find you a realtor and list your home on a short sale. Once that is done, write your lender a hardship letter and an authorization for your realtor to handle all information; that way it's okay for you not to make payments. If someone bids on your house,again, let the bank know (if your home is bank owned already) that you have a potential buyer and to give you time. And if the bank gives you a deadline to vacate, they usually pay moving cost; roughly $700. Depends. Besides, Bush passed the bill so that you'll be forgiven. This won't affect your credit.
Just pay back the money you didnt spend. You don't want to be further in the whole.
Republican's Anti-American Plan - Lose Home, Lose Right To Vote
>
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Related posts
Posted in Foreclosure Laws | 
Tags: bankructcylaw, bankruptcyattorneys, Foreclosure Law, law, michigan, Michigan Law, new foreclosure law michigan, rnc
Leave a Reply
 |
 |
 |
||
 |
 |
|
 |
||