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Updated almost 9 years ago on . Most recent reply

User Stats

8
Posts
0
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Sam S.
  • Investor
  • Dearborn Heights, MI
0
Votes |
8
Posts

Probate and Sheriff Sales

Sam S.
  • Investor
  • Dearborn Heights, MI
Posted

Most recently, I started researching the Sheriff Sale auction. After conducting my due diligence, I found that some of these properties which were vacant were in probate court. Michigan has a 6 month redemption period if occupied or 1 month if vacant.

What are your personal thoughts with investing in this strategy?
Since the property is vacant and the judge awards me a judgement to take possession am I able to start the rehab process?

Looking forward to hearing your thoughts. 

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