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Updated over 12 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Scott VandenBerg
  • Real Estate Investor
  • Holland, MI
2
Votes |
25
Posts

FSBO after sheriff sale

Scott VandenBerg
  • Real Estate Investor
  • Holland, MI
Posted

Hello BP community! I want to purchase a house (FSBO) in Michigan from an owner who's house was sold at sheriff's sale. In Michigan, owner has 6 months to redeem if they come up with the cash (49K in this case). There are no junior liens that would be reinstated if owner redeems.

My Question: Since owner will need to use my cash (purchase money) to redeem the property should I hire an RE attorney, or can I find a title company that knows how to do this?

Would love to hear from someone that has done exactly this. Thanks!

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