Redemption Period Questions
What can you do for a person who is in the redemption period? Is there anything at all....or is it a case where there's nothing left for us to do? If I have a person who just wants out of their house...but is 3 months into their 6 month redemption period....could I offer to pay off their lender...and purchase their home for $1?? (if they have enough equity to make it worth it) Or is that not possible at all.....? Any help would be appreciate. Thanks!!!
Nate, you can still purchase the house from the homeowners. You will need to get new financing on the property to pay off the lender. If you need any help then pm me and I will see what I can do.
Tom