Who keeps insurance on the house after the sheriffs sale? In my state the redemption period after the sale is 6 months, if I stay in the home, do I have to pay the prop taxes and house insurance, or does that go over to whomever bought it? (Bank or buyer) ?
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Hi chap7girl- Did anyone get back to you on this? I am curious as well! -
No responses yet. I am still trying to find the answer.
I know the house stays in my name until it is foreclosed, but I don't know if I have to still pay the homeowners and prop taxes while staying in it during the 6 month redemption period.
Hoping someone has the answer :-)Comment
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