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Hi,I have been looking at auction.com to purchase a few REO properties but am confused why the section “subject to redemption” says yes.I though that in some states foreclosure sales have a redemption period but the b...
I purchased a property two year ago next June will make it 3 yr I purchased from state now I guess who use to own it want to buy back . I was wondering do I have to sell back and if so do I get more since it been coup...
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Hello bp community, I am interested in the deed sale property sold at the county public auction in NY state. From what I read the redemption period is 2 years. Where does that leave the new buyer if the previous owner...
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I have a seller who just past the 6 month redemption period last week and he is convinced that because of Covid and the restrictions on evictions he will still be able to sell. He wants to partner on the deal as I wil...
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I have a property tax certificate i purchased a couple of years ago. The owner brother is trying to redeem the house. He has sent me a redemption letter with his name as the redemptioner. Is this correct?
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I purchased a tax lien in SC a year ago. The redemption period just ended. How do I go about foreclosing on the property or where can I find info on this?
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So in Michigan we have a 6 month redemption period. If I'm understanding this right it's 6 months from home auction date. Meaning you could buy the home and not be able to touch it for 6 months. In todays economy that...
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Hypothetical scenario:
1st lien - 100k
2nd lien - 30k
market value - 180k
The property gets sold at an auction for 100k. The 2nd position is wiped out. I come to the homeowner before the redemption period is over ...
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Looking to for a better understanding of the right to redemption clause and who this had effected. Where it has ever worked out for the better or in the end the same tenant ends up being evicted down the road?The righ...
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First,let me say thank you so much for starting this blog. My questions have been answered so quickly. I have a question about information in one of your blogs. It states "If the investor takes possession on the earli...