These are the questions West Michigan homeowners ask us most. If yours is not here, ask it directly: call (616) 935-6511 or request a conversation. Answers here are general education, not legal advice; when your situation needs an attorney, we bring in a licensed Michigan attorney.
It means you are behind on payments and the lender has started the legal process, but the home has not gone to auction yet. You still have options.
Yes. Most homeowners stop it by reinstating the loan or getting approved for a loan modification. Bankruptcy may also temporarily stop the sale.
Your home is sold to the highest bidder. If no one bids, it goes back to the bank. You still keep your redemption rights either way.
It is the time after the auction, usually six months in Michigan, when you still legally own the home, can stay in it, and can sell it to pay off the redemption amount and keep your equity.
Yes. The auction buyer does not take full ownership until your redemption period ends.
Yes. You can remain in the home until the redemption period expires, as long as the property is properly maintained.
Yes. You can sell before the auction to avoid foreclosure entirely, and you can sell during redemption to pay off the redemption amount and keep your equity.
A loan modification adjusts your mortgage to make payments more affordable. Qualification depends on income, hardship, and lender review.
Reinstatement means paying the past-due amount, legal fees, and costs to bring the loan current and stop the foreclosure.
It impacts your credit, but you can recover. Many people qualify for another mortgage in two to three years depending on loan type.
All consultations and guidance are free. You only pay a commission if you decide to list your home with us, and we disclose every fee before you sign.
Investors want to buy low. We focus on saving your home when possible or helping you sell for maximum equity, not pressuring you into cheap offers.
Yes. We walk families through what is required, explain probate steps, and connect you with trusted attorneys when needed.
Yes. Chapter 13 bankruptcy typically pauses the foreclosure process, but it should be considered a last resort. We can help you understand how it works with the right legal partner.
Contact us right away. We will explain your timelines, your options, and the best next steps before deadlines pass.
The earlier the conversation, the more options are still on the table.