My house went into foreclosure, and was sold almost 4 months ago. I have not heard from the mortage company or lawyers. I don’t know who bought it or anything. I do know, I have 6 months redemption period, but when does this begin? I thought that somebody would notify me of who purchased it, or when, how much etc… Can anyone give me advice. I dont even know what date I have to leave Thank you

You are never told who purchased your home.
There is a possibility it sold for more than you owed on it or equal to the balance you had left on it.
You need to contact the court that handled your foreclosure/ attorneys involved. I believe you have up to 6 months in getting out however since the home has been sold, as you stated, I am surprised you have not heard from the new owners.
Were you summoned to court in regards to the foreclosure? Have you not received a summons to vacate the premises is all in question. Just be prepared for that to come.

Property details, mortgage pre-qualification and real estate search at:

http://govlisted.com/foreclosure/property/2153836

1311 Michigan Ave
Price: $ 76,545

1311 Michigan Ave, is located in Saint Joseph, MI 49085. It is currently listed for $76545.00. For more information, contact us at expert@govlisted.com.

1311 Michigan Ave is a single family home and was built in 1911. It has 3 bedrooms and 1.00 baths. 1311 Michigan Ave was listed on 01/26/2012.

1311 Michigan Ave, Saint Joseph, MI 49085 is a HUD owned Home. For a copy of the Property Condition Report on 1311 Michigan Ave, Saint Joseph, MI 49085 or to speak to a Distressed Property Agent, contact us at expert@govlisted.com. HUDListed partners with HUD Registered Distressed Property Experienced agents to help Home Shoppers with the “HUD Owned” Home Buying Process.

HUD Listed is not the listing broker for this HUD Owned Property. ALL PROPERTIES ARE SOLD IN “AS IS” CONDITION. SELLER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING THE CONDITION OF THE PROPERTY AND DOES NOT GUARANTEE THAT THE PROPERTY IS FREE OF HIDDEN OR VISIBLE DEFECTS. BUYER IS RESPONSIBLE TO TAKE ACTION TO SATISFY HIMSELF THAT THE PROPERTY IS IN A CONDITION ACCEPTABLE TO HIM. SELLER WILL MAKE NO REPAIRS. BUYER IS ENCOURAGED TO HAVE A HOME INSPECTION TO IDENTIFY ANY DEFECTS.

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I am considering foreclosing on a condo in Michigan. I paid $369K in 2005 and my it has been listed at $225K for over a year. I still owe about $280K. I now live in Colorado and have bought another house. The condo is sitting empty in Michigan and is costing me about $3000 per month. The right financial decision is to foreclose, but I have the cash to pay it off and I don’t want the bank coming after me after foreclosure.

I’ve heard that in some states, the bank has to file a different type of foreclosure in order to come after assets and banks don’t do it because it’s very expensive and time consuming. Does anyone know what Michigan foreclosure law dictates? Thanks.

You will need to check with a professional in Michigan but it is a recourse state – ie the bank can come after you after a foreclosure quite easily.

Occupy Detroit marches to the Bank of America office downtown to deliver a message demanding a moratorium on foreclosures in Michigan which was hit hard in the financial collapse. If they fail to respond, we plan a larger demonstration at noon on Friday, October 21st.

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Another “Hand -Picked” deal. Great for Investment Property or to Fix up and move into. Properties like this can be picked up for steal right now. Most of these were over $100K at one time. Rents in the area are typically $800-$950. More to come. Visit ForeclosureBusTours.com for more details on picking up great properties at bargain prices.

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Michigan real estate expert investors reveal how to flip Michigan foreclosures for easy profits. Real investors who are doing real deals TODAY. Make sure to check out The REIA of Macomb (http://www.REIAofMacomb.com) Michigan’s #1 real estate investor association-where Michigan’s most successful real estate investors go to learn, network, & grow.

-featuring Adam Davis & Dylan Tanaka

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Technorati Tags: adam davis, dylan tanaka, flipping houses, Michigan Foreclosures, real estate investing, reia of macomb