Our house was forclosed on and sold at the sheriffs sale. Our mortage company has bought it and we have a 12 month redemption period. Are their lenders that will give us a loan to save the house?
We are in Michigan
Is there a loan to buy house back after sheriffs sale during redemption period?
11
Mar
Alecia H
March 11, 2010 at 5:18 am
what state are you in?
KL
March 11, 2010 at 5:25 am
I’m a mortgage broker in MI. There is financing available, but you’ll need a ton of equity and the rates are going to be pretty high. How much do you owe the mortgage company and what are homes similiar to yours selling for in your area?
jon g
March 11, 2010 at 5:33 am
yes I do that type of loan, How is your credit score? Can you prove your income (W2 etc)?What is the buy back price?Please email me the answer and I will tell what you can get. Johng@oldmerchants.com