Legal Question in Real Estate Law in Michigan

mortgages

What will happen if you default on your

helco and 1st mortgage.


Asked on 3/02/09, 9:39 am

1 Answer from Attorneys
Lesley Hoenig Lesley A. Hoenig, Attorney at Law

Re: mortgages

If you default and are unable to bring your mortgage current in a timely manner (you need to communicate with your lender so they know what is going on), the lender will start foreclosure proceedings. Typically in Michigan, foreclosure starts with a notice of sale about a month before the sale date. This is done by publication.

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Answered on 3/02/09, 11:07 pm


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