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Time to vacate

Posted by Ward-CA- on June 28, 2002 at 7:00 AM

In Reply to: Post foreclosure posted by Shellie on June 27, 2002 at 1:50 PM

: I live in MI. House was foreclosed on in Jan, right of redemption is up in about a week. The loan was FHA. The mortgage company wont/wouldnt talk to us. My question is will the mort co. send us eviction papers or will HUD after the property is turned over to them. Should we be ready to leave the day after the right of redemption is over? This whole thing really stinks because we can afford this house!!!

====================

In all likelihood you will be served a notice to vacate by HUD. Just follow the time requirements in the notice. Don't hold over and force them to evict you since an eviction will be reported on your credit report.

Good luck.


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