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Real Estate & Property Law

: The Home Equity Theft Reporter

New State Law Allows Minnesota Homeowners In Foreclosure To Pay Off Back Payments Over Five Month Period In Exchange For Reduced Redemption Period

By r morris

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In St. Paul, Minnesota, Minnesota Public Radio reports:Struggling homeowners now have another chance to save their homes from foreclosure. A new Minnesota law makes it possible to delay the sheriff's sale - giving people behind on their mortgage payments more time to pay back what they owe. Until now, homeowners in foreclosure had one option - pay off the entire mortgage within six months or say

Full post as published by The Home Equity Theft Reporter on July 08, 2009 (boomark / email).

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