Don't lose hope, you may still be able to get some money out of your home. Call me ASAP so we can discuss the options you may have. DON'T WAIT! TIME IS OF THE ESSANCE. I have been successfully helping those facing or that are in foreclosure for quite some time now. It is imperitive that you contact me so time doesn't run out.
A "redemption period" is a specific amount of time given to borrowers in foreclosure during which they can pay off the debt and “redeem” their property..... Some states also provide foreclosed borrowers with a redemption period after the foreclosure sale during which they can buy back the home.
The majority of residential foreclosures in Michigan are nonjudicial, which means the foreclosure takes place without court supervision. Following the foreclosure sale, there is a redemption period.