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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Buyers post- foreclosure rights in MI Posted by Ward-CA- on November 26, 2001 at 5:25 PM In Reply to: buyers foreclosure rights posted by Randy Kenda Yochum on November 26, 2001 at 3:35 PM : We purchased a foreclosed home in Michigan on August 17, 2001. The previous owners were still living there at the time. As of September 29, 2001 the utilities were shut off and the previous owners moved. They still have personal property in the home/garage areas. The previous owners believe they still have home owners rights. Do they? Even after they have vacated the property? When do I have the right to change the locks and remove their personal properties? Basically, when do their rights of ownership end? =?=?=?=?=?=?=?=?=?=?= Randy, click on the link below for the foreclosure basics for Michigan. Though MI is a non-judicial foreclosure state, they allow a limited, 6 month right of redemption where the ex-owner may regain the title to their property upon paying the right reimbursement amount to the winning bidder. From your post I believe you could make the successful argument that the ex-owners abandoned the premises and didn?t intend to exercise their right of reimbursement due to the fact that they vacated the premises and that the utilities were turned off. I would definitely change the locks and would store their personal property off the premises and send them notice that it can be recovered from you within the time period specified by MI law for abandoned personal property. 50 State Foreclosure Basics Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : We purchased a foreclosed home in Michigan on August 17, 2001. The previous owners were still living there at the time. As of September 29, 2001 the utilities were shut off and the previous owners moved. They still have personal property in the home/garage areas. The previous owners believe they still have home owners rights. Do they? Even after they have vacated the property? When do I have the right to change the locks and remove their personal properties? Basically, when do their rights of ownership end? : =?=?=?=?=?=?=?=?=?=?= : Randy, click on the link below for the foreclosure basics for Michigan. Though MI is a non-judicial foreclosure state, they allow a limited, 6 month right of redemption where the ex-owner may regain the title to their property upon paying the right reimbursement amount to the winning bidder. : From your post I believe you could make the successful argument that the ex-owners abandoned the premises and didn?t intend to exercise their right of reimbursement due to the fact that they vacated the premises and that the utilities were turned off. : I would definitely change the locks and would store their personal property off the premises and send them notice that it can be recovered from you within the time period specified by MI law for abandoned personal property. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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