Tag: redemption

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Foreclosed Homeowners Manage to Find a Buyer before Redemption Date yet Still Lose

The Michigan Court of Appeals recently handed down a decision in Johnston, et. al. v. Sterling Mortgage Investment...

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New Creditor-Friendly Redemption Statute Takes Effect January 10, 2014

Redemption is the period after a foreclosed home has been sold at a foreclosure sale, when the homeowner...

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