FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018. By continuing to use this site, you are consenting to our Terms of Service and use of cookies.
Please tell me what you mean by this.
Did you have title insurance? Yes
Did you have a title insurance company run a foreclosure report before the foreclosure? Not sure what this is.
What did it say?
Is the second mortgage recorded? Not sure.
How did you find out about it? I was paying on...
In Michigan, the house goes to sheriff sale after the 6 month of default. You then have another 6 months to redeem. The redemption is handled by a legal entity. When I found a buyer, the mortgage company ordered title and ordered a pay off. The title now showed a bank as the trustee and a payoff...
clarification 0f second mortgage obligation
When the title work was pulled for my buyer, there was no record of the second mortgage. I sold the house during the redemption period and the new owner has a waranty deed with clear title. Since technically the second mortgage was not paid off...
What is the name of your state? Michigan
I recently sold a property that was in foreclosure process. It had gone to the sheriff's sale at the 6th month. I was able to find a buyer and paid off the amount due. However, the second mortgage did not show on title and was therefore not included in...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.