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Asked on Aug. 03, 2017 ,  1 answers Visitors: 3
My home was foreclosed and sold at sheriff auction I am in redemption period now..can I sell over auction price and keep

1 Answers

Anonymous
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Posted on / Aug. 04, 2017 11:35:19

If you REDEEM the property you can do what you want with it including selling it for more than the amount you redeem it for. The 'trick' is to insure you do this properly and within the time limits allowed for sheriff's sales!

Do consider involving a local real estate lawyer to insure the paperwork tracks properly to insure you don't have issues into the future! I have seen cases where people pay a LOT of money and end up with nothing because they didn't 'dot the i's properly' ....

--This answer is offered for informational purposes only and does not constitute legal advice or create an attorney/client relationship. I am licensed to practice in Michigan only. Please seek competent local legal help if you feel you need legal advice!

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