Updated over 5 years ago on . Most recent reply
Tax sale redemption from different mortgage companies
I bought a property during a tax sale that apparently had a mortgage attached to it. I did extensive rehab. The first mortgage company tried to redeem late 2019. I sent them my improvement costs and they did not respond within 10 days. I actually reached out to their lawyer and he said it would cost too much for them to redeem and that's why they didn't reply.
It's now April 2020 and they apparently sold the mortgage to another mortgage company and the New mortgage company is now trying to redeem (they have not filed the official redemption paperwork just contact me via phone).
Do they get a new reset on the redemption 10 days and referee process because they are new mortgage company?