Colli Real Estate

I just lost a house to foreclosure. I have a 6 month period of redemption (Michigan) to pay for goods

Counsel applicant's property closed doors and without access to the property during the redemption period. Is this legal? He (the lawyer) did not return my calls or answer my letters. I would put property (Lake Property) for sale and rent in the summer Michigan. What recourse do I have? Note: The property was $ 9000.00 less on the sale of bailiffs what you need for that, so that the creditor will want $ 9000 after the redemption period has ended. The sheriff's sale was in March 2007, is now in June 2007 and do not know where to turn. Any help would be greatly appreciated!

I am a realtor in Michigan. My family owns its own real estate company, and we have approximately 100 houses sale now on sale that are in there period of redemption. WAY TO SELL YOUR PROPERTY! If you do not like and that the bank takes it, IRS come after you for any money that was lost. For example, you should be 100k, the bank takes the property and resells it to 75k. The IRS consider the loss of 25k that as an advantage for you if you pay property taxes. In addition, you will be better if that borrower credit and loan as the modalities that this collection of fruits, etc. .. If your credit collection open for any amount of money, another lender will see that and not pay any money to buy another house. You said it sold for 9k less in the sheriff's sale is good. By law, you only need the amount that your home was sold at sheriff's auction. The bank has the right to take your property within 30 days after the sheriff sale. However, you always have the right to sell your home 6 months after the sheriff sale. If after 30 days of sale and sheriff's living in the home can not evict you until 6 months is up. But if your after 30 days and the house is empty, the bank can take when they want. You have some other questions, send me an e-mail, but I hope this helps.

Foreclosure

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