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If you're facing a foreclosure in Michigan, or even just struggling to make mortgage payments, it's important to understand the state's foreclosure process.
Michigan Foreclosure Laws and Procedures
Learn how a Michigan foreclosure works, including preforeclosure steps, foreclosure procedures, and homeowners’ rights under both state and federal laws.
Deficiency Judgments After Foreclosure in Michigan
In Michigan, if you go through foreclosure and the sale price is not enough to cover the balance of your mortgage, your lender can come after you for the "deficiency."
Michigan HOA Foreclosures
If you fail to pay your HOA or COA assessments in Michigan, the association can likely get a lien on your property and might foreclose on your home.
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If I lose my home to foreclosure in Michigan, can I get it back?
If you lose your home to foreclosure in Michigan, you can redeem (repurchase) it within a certain period of time.