KashHomeBuyers buys houses for cash throughout Michigan. This guide covers the Michigan-specific laws, foreclosure timelines, disclosure requirements, and market conditions that every MI homeowner should understand before selling.
Michigan uses Non-judicial foreclosure. Timeline: 90-180 days.
If you're facing foreclosure, a cash sale closes far faster than the foreclosure process completes — giving you time to exit cleanly with your credit intact.
Seller Disclosure Act — must disclose known defects. Buyer has 3 days to rescind after receiving disclosure.
Transfer tax in Michigan: $3.75 per $500.
Probate in Michigan takes approximately 5-12 months. We work with estate attorneys and can close quickly once court authorization is received.
Michigan has a 6 months from sheriff's sale redemption period.