Pre-foreclosure Strategy in Michigan ?

[Andrej Petrovski]

Hello -

I've recently learned about the strategy of contacting pre-foreclosure home owners and working with them to stop foreclosure and take over their deed in order to update and flip as necessary.  On the Michigan.gov website foreclosure section, I saw specific verbiage that stated for home owners NOT to deed the house over to anyone and to focus on trying to sell the house during that period. 

Has anyone heard this is an actual state mandate? or is that just the State of MI trying to guide home owners in the way "they" deem proper action for pre-foreclosure? 

I was really excited to attack this strategy until I saw this today and it brought me to a halt ! 

Thoughts or knowledge on this? 

Thx !!!