Is it legal in MI. for a purchaser to rent out a vacant foreclosed home during the redemption period?
Posted March 21st, 2010 by admin 2 Comments »
Passionate Praiser asked:
I live in Michigan and want to rent a home. I found a guy who said that he would rent out this home that he purchased at a Sheriff sale. He said that there was still a redemption period that allows the original homeowner to pay what they owe and get their house back. I was wondering if it is legal in Michigan for him to rent out the house to us during this redemption period?
I live in Michigan and want to rent a home. I found a guy who said that he would rent out this home that he purchased at a Sheriff sale. He said that there was still a redemption period that allows the original homeowner to pay what they owe and get their house back. I was wondering if it is legal in Michigan for him to rent out the house to us during this redemption period?