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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] foreclosure and redemption Posted by stacy on November 06, 2003 at 5:31 PM I am hoping someone here can help me. I live in NJ and have been in foreclosure for some time. My home was sold today at a sherriff's sale, and with the help of some friends and family I am going to be able to take advantage of the redemption period to buy it back. My question is this: Once I have the property back in my possession do I have any obligation to the original mortgage lender - in this case Washington Mutual? In other words, do I now have full ownership of the property after paying attorney and other fees? This is obviously all new to me and I want to understand exactly how the finances work. Hoping for a quick response! Follow Ups: Re: foreclosure and redemption Jim V 1:17 PM, 11/07/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I am hoping someone here can help me. I live in NJ and have been in foreclosure for some time. My home was sold today at a sherriff's sale, and with the help of some friends and family I am going to be able to take advantage of the redemption period to buy it back. My question is this: Once I have the property back in my possession do I have any obligation to the original mortgage lender - in this case Washington Mutual? In other words, do I now have full ownership of the property after paying attorney and other fees? : This is obviously all new to me and I want to understand exactly how the finances work. : Hoping for a quick response! Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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