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Michigan |
When a borrower fails to make their
mortgage payments, the lender may begin a process called foreclosure to
protect the lender's interest in the property (the defaulting loan). In the State of Michigan foreclosure
process comes
about in two forms: foreclosure by court action and foreclosure by
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Select from the links at the left to learn about about the different forms of foreclosure, redemption periods, abandonment verification methods of personal inspection, failure to respond to notice, and deficiency. You can learn more about foreclosure at the State of Michigan web site.
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