Not exact matches
The
home owner is given
time to «redeem» the mortgage by paying the full amounted
owed, plus any interest, costs and taxes to the lender.
seems to me me at this point the sellers attorney would be buying
time to push for foreclosure so the
home owner won't
owe anything after all at this point the bank has no idea that my offers even exist.
The
home owner is given
time to «redeem» the mortgage by paying the full amounted
owed, plus any interest, costs and taxes to the lender.
Most of the
time the bank will approve the
home owner selling the
home for less than they
owe, but the bank has to approve of the offers that come in.