"Foreclosure Redemption Period in Michigan"

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Icon Mini Profile marquie919




Joined: 09 Apr 2009

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PostPosted: Thu Apr 09, 2009 9:16 pm    Post subject: "Foreclosure Redemption Period in Michigan"

Isn't there a 3 month period beyond the 6 month redemption period in the state of Michigan that the owner is given to be moved out of the property?
Icon Mini Profile jerry
jerry
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Joined: 17 Oct 2005



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Location: MICHIGAN
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PostPosted: Fri Apr 10, 2009 3:18 am    Post subject:

Hi marquie,

I am not aware of any 3 months period after the redemption period. As far as I know, after the redemption period, the borrower has no right to the property and has to move out of it.

Thanks,

Jerry
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PostPosted: Mon Apr 20, 2009 7:51 am    Post subject:

actually as I understand it, in michigan you have at least six months after the redemption period to live in your house. After the redemption period has passed then your mortgage company starts the eviction process witch allows you 6 months to a year to be off of the property depending on certain criteria. the eviction process has to go thru court and that kind of thing.
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PostPosted: Sat Jun 13, 2009 10:40 am    Post subject: redemption

my redemption period expires 10-10-09.do i have until that time to work something out to keep the home
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