Michigan Foreclosure Laws

Judicial Foreclosure Yes Non-Judicial Foreclosure Yes Security Instruments Deed of Trust, Mortgage Right of Redemption Yes Deficiency Judgments Varies, case by case Time Frame Usually 60 days Judicial foreclosure: The lender must sue the borrower and obtain a decree of the amount in default. The court then gives the borrower a brief time to cure [...]

I created this website to help the thousands of Michigan families faced with the foreclosure of their home. Whether you are in foreclosure, facing a short sale, or even a bankruptcy I sincerely hope that the information on this site helps you to make an informed decision. John Disclaimer None of the information on this [...]