Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

2
Posts
0
Votes
Sharon Rayko
  • Rhinelander, WI
0
Votes |
2
Posts

access to empty house during redemption period

Sharon Rayko
  • Rhinelander, WI
Posted

We just purchased a home at a sheriff's auction in MI which allows a 6 month redemption period.  The house is empty, the homeowner has moved out.  While the electricity is still on, the water has been shut off.  So far we haven't had any direct contact with the homeowner (she is undergoing surgery and we don't want to bother her), but have been granted access to the property (w/homeowner's knowledge) through a neighbor.  Question:  I've read that the lender's agent is the only one who can deem a property "abandoned" in order to reduce the redemption period to 30 days.  If the homeowner was willing to sign a waiver, wouldn't that be acceptable?  What if we showed she had a new address, turned the water off, etc.?  If she gives us her garage door remote, we're legally allowed to be in the building.  Do we need to wait to turn the water on?  If we have to wait the 6 months, what do we do at the end of the time period since we won't have to evict her?