Have Legal Questions? Ask a Lawyer Now.
Hello, and Thank you for choosing Just Answer.
Michigan provides homeowners the ability to redeem a property after a sheriff's sale (foreclosure). The redemption price is what the purchaser paid for the property along with costs for purchasing the property and interest on the money used to purchase the property. You can get an idea of how much needs to be paid by getting a copy of the Sheriff's Deed recorded wioth the County recorders office.
You need to redeem the property in a timely manner. If the property was occupied at time of sale you could have as little as 6 months to redeem the property. If the property was unoccupied you only have 1 month.
Please make sure you rate my answer so I may get credit for the reposne. If you have follow up questions please ask.
its ben over 6 month
its ben over 6.month
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).