Michigan · The statutory schedule

Where are you right now?

Michigan foreclosure runs on dates fixed by statute, not by whoever is calling you. Mark the last thing that happened — the rest follows.

The scheduleSelect the last step that happened

Nothing has been filed. The protections you have now are federal, and they run on day counts.

Statutory dates only — nothing here is an estimate
DAY 36Your servicer must attempt live contact about loss-mitigation options. A recorded message doesn't count.12 CFR § 1024.39
DAY 45Written notice of delinquency and available options, plus a single assigned point of contact.12 CFR §§ 1024.39–.40
DAY 120Generally the earliest a servicer may make the first foreclosure filing. A complete loss-mitigation application submitted before then can stop it from being made.12 CFR § 1024.41(f)
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Terminal deadlineStatutory date

The money

Mechanics only — no estimates, no advice
Stage 04 · Tax foreclosure

Surplus proceeds

If the county sells your foreclosed property for more than you owed, that surplus is yours to claim — but only if you claim it.

In Rafaeli, LLC v Oakland County, 505 Mich 429 (2020), the Michigan Supreme Court held that a county keeping sale proceeds above the taxes, interest, penalties, and fees owed is an unconstitutional taking. The Legislature then built the claim process into MCL 211.78t. It is not automatic.

Step 1 — by July 1File a notarized Notice of Intention to Claim Interest in Foreclosure Sales Proceeds (Treasury Form 5743) with the foreclosing governmental unit — your county treasurer — by the July 1 immediately following the effective date of the foreclosure.MCL 211.78t(2)
Step 2 — treasurer respondsThe FGU notifies timely claimants using Form 5744.MCL 211.78t(3)
Step 3 — circuit courtFile a motion in the same proceeding as the foreclosure judgment, during the statutory claim window. Confirm exact dates with your county — the windows are short.MCL 211.78t(4)

July 1 is the one that ends it. No notice by July 1, no claim.

Stage 03 · Redemption

What redemption actually costs

Redeeming isn’t paying off your old mortgage. It’s a different, larger number.

It’s the amount bid at the sheriff’s sale, plus interest at the rate in your mortgage, plus what the purchaser paid to protect the property — taxes, insurance premiums, condo or association assessments, and amounts used to redeem senior liens, with interest on those.MCL 600.3240(1)–(2), (4)

You can ask the purchaser’s designee for the computed redemption amount. A designee may charge a fee of up to $250 for that computation.MCL 600.3240(2)

Ask your servicer
What is the reinstatement amount, and through what date is it good?
What is the payoff amount, and through what date?
Those are two different numbers. Get both in writing.
Stage 03 · After the sale

The deficiency

A low sale price isn’t automatically a debt you’re stuck with.

If the sale doesn’t cover the debt, the lender may pursue the difference. But where the foreclosing party itself bought the property at the sale, Michigan law lets the borrower contest the deficiency by showing the property was worth substantially more than the sale price.MCL 600.3280

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The guides

Twelve, in three groups

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