Testimonials
Meet Alison – Inkster MI
“I was overwhelmed with credit card debt until I realized I had the answer — a mortgage-free rental property. I reached out to Michael at Innovative Property Solutionz, and after a quick visit he gave me a fair cash offer. Despite having a tenant, the process was smooth, fast, and without realtor fees or commissions. Michael and his team made everything easy, and I’d highly recommend them!”
Meet Christopher – Detroit MI
“Michael and the Innovative Property Solutionz team are a real good company to deal with. He was quick, and everything he told me he was going to do he did. He is very honest, trust worthy and On time”. “It was a Great experience!”
Meet Joseph Howard – Whitmore Lake MI
“Michael and his team were the best from start to finish! My family was in an unfortunate time. We needed to sell our home fast. Michael walked us through the whole process and answered all of our questions. I highly recommend!!”
Behind on your mortgage or property taxes? You have more time and more options than you might think. Innovative Property Solutionz helps Michigan homeowners avoid foreclosure, protect their credit, and walk away with their equity instead of losing it at a sheriff sale.
We’re a local Michigan cash home buyer. We buy houses as-is, in any condition, make offers within 24 hours, and typically close in less than 30 days. Even if your sale date is already set, call us at (248) 716-8811.
How Foreclosure Works in Michigan
Most Michigan mortgage foreclosures are “foreclosure by advertisement.” That means the lender doesn’t have to take you to court, so things can move faster than homeowners expect. Here’s the typical timeline:
- Missed payments. Late notices and calls start after your first missed payment. Under federal rules, most lenders can’t start the foreclosure process until you’re more than 120 days behind.
- Notice of sheriff sale. The lender publishes a notice of sale in a county newspaper for four consecutive weeks and posts a notice on the property.
- Sheriff sale. Your home is auctioned at the county sheriff sale. This is the date most homeowners fear, but it’s not the end.
- Redemption period. After the sale, most Michigan homeowners get a redemption period: usually 6 months for a typical home, 30 days if the home is considered abandoned, and up to 1 year in some cases. You can generally stay in the home during this time.
- Eviction. If the home isn’t redeemed or sold by the end of the redemption period, the buyer from the sheriff sale can begin eviction.
The key point: You can sell your house at any point before the redemption period ends. A sale pays off the lender, stops the foreclosure, and lets you keep any equity left over.
Behind on Property Taxes? How Michigan Tax Foreclosure Works
Tax foreclosure follows its own schedule, set by state law and run by your county treasurer:
- March 1 (year 1): Unpaid property taxes from the previous year become delinquent. Interest and fees start adding up.
- March 1 (year 2): The property is forfeited to the county treasurer, and more fees are added.
- March 31 (year 3): This is the final deadline to pay everything owed. If it isn’t paid, the county takes ownership and the property goes to public auction later that year.
From the day your taxes go unpaid, you have about two years before you lose the home to tax foreclosure. Selling before that March 31 deadline lets you pay off the back taxes and keep your equity. If your home has already been tax-foreclosed, you may still have a right to claim part of the sale proceeds, but there are strict deadlines. Contact your county treasurer or an attorney right away.
Your Options to Avoid Foreclosure in Michigan
Every situation is different. Here are the most common paths:
- Talk to your lender about a repayment plan, forbearance, or loan modification.
- Get free help from a HUD-approved housing counselor through MSHDA (the Michigan State Housing Development Authority).
- Refinance if your credit and income allow it.
- List with an agent. This works if you have enough time and the house is in good shape.
- Short sale or deed in lieu, if you owe more than the house is worth.
- Talk to a bankruptcy attorney about whether filing makes sense for you.
- Sell to a cash buyer like Innovative Property Solutionz. This is the fastest option when time is short.
We’re happy to talk through all of these with you. Sometimes we’re not the best fit, and we’ll tell you that.
Talk with real people who have helped others avoid foreclosure.
We can help avoid foreclosure and the hassles of listing your house with our Cash Offer Program. Ultimately, we are here to help you find solutions and are happy to talk you through the pre-foreclosure process and what you need to do next.
Behind on your mortgage? We’ll deal with the bank.
Selling your house can be stressful enough! We’re experienced homebuyers and can work with your lender to forestall foreclosure and ensure that you don’t have to deal with them again after the house is purchased.
Get a fair cash offer, close and get your life back.
For homeowners facing foreclosure, time is not on their side. But with our Cash Offer Program, we close much sooner than the traditional listing timeline and put foreclosure worries to bed.
We can guide you through every step of our straightforward selling process.
How Selling Your House for Cash Stops Foreclosure
When you sell to us, your mortgage (and any back taxes) is paid off at closing through a title company, and the foreclosure stops. Here’s how it works:
- Tell us about your house. Call (248) 716-8811 or fill out the form.
- Get a fair cash offer within 24 hours, with no obligation.
- Close on your date, typically in less than 30 days, and we work around your sheriff sale or redemption deadline.
No repairs, cleaning, agent commissions, or showings. We buy houses as-is: behind on payments, needing major repairs, with tenants, inherited, or mid-divorce. We can also work directly with your lender so you don’t have to deal with them again after the sale.
Helping Homeowners Facing Foreclosure Across Michigan
We buy houses in most areas of Michigan, including Detroit, Dearborn, Troy, Warren, Sterling Heights, Livonia, Pontiac, Ann Arbor, Lansing, Flint, Saginaw, Grand Rapids, Kalamazoo and the surrounding communities in Wayne, Oakland, Macomb, Washtenaw, Genesee, Ingham and Kent counties. Not sure if we buy in your area? Just ask.
Michigan Foreclosure FAQ
Can I sell my house after the sheriff sale in Michigan?
Usually, yes. During the redemption period (most often 6 months), you can still sell the home. The sale pays off the redemption amount, and you keep any remaining equity.
Do I have to move out right after the sheriff sale?
Generally no. Michigan homeowners can typically stay in the home during the redemption period. Eviction can only start after that period ends.
Will selling stop the foreclosure from hurting my credit?
Selling before the foreclosure is completed can help you avoid having a completed foreclosure on your credit report. Missed payments that already happened will still show.
How fast can you close?
We make offers within 24 hours and typically close in less than 30 days. We work around your deadline, whether that’s a sheriff sale date, the end of your redemption period, or the March 31 tax deadline.
Don’t Wait for the Sheriff Sale
The sooner you reach out, the more options you have. Get your free, no-obligation cash offer today or call (248) 716-8811.
This page is for general information and isn’t legal or financial advice. Foreclosure timelines can vary based on your loan and situation. For advice about your specific case, talk to a Michigan attorney or a HUD-approved housing counselor.