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Julie Fagan
  • Port Sanilac, MI
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In Redemption Period, Can I approach previous owners/Occupants?

Julie Fagan
  • Port Sanilac, MI
Posted Sep 27 2016, 10:44

PATRIOT BUILDERS - Southeastern Michigan and Mid-Michigan.

Experienced in Flipping - General Contractor - All Trades on Staff:  Framers, Drywall, Interior Trim, Ceramic Tile/Flooring and more.  1 crew dedicated to your investment from start to finish.

I purchased a home at auction last week for $17k, it has an approx value of $30k-$35k.....  We are just picking this up for a rental - it should rent for $500 per month.   The couple that owned it are going through a divorce, and I believe the wife/daughter are still living there.  I'd like to approach them immediately, and see if they would like to buy back the house on a land contract, however I can not find any info if this is allowable during the redemption period.

Does anyone have any successful strategies for obtaining possession earlier than 6 months?  Pay for keys? etc?  I went through legal training regarding this subject 25 years ago, but I'm sure things have changed, and I am not finding a comprehensive guide pertaining to Michigan law.  

Thank you in advance for any help or ideas you may have.

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