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i redeemed my property can they sue for deficiency

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Post Posted: Fri Feb 19, 2010 11:54 am    Post subject: i redeemed my property can they sue for deficiency
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i redeemed my property within the redemption period in michigan. Can the lender sue for defiency
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Post Posted: Fri Feb 19, 2010 11:55 am    Post subject:
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Niicss




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Location: New Jersey
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Post Posted: Mon Feb 22, 2010 2:57 am    Post subject:
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You've redeemed the property within the redemption period. That means you have cleared the default payments and bought back the property from the lender. In that case, the lender will not come after you for the deficient balance as you've cleared the dues. You need to keep on making the regular payments now in order to save the property.
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