2901cdaf_After_Foreclosure___AllLaw_com___REDEMPTION_AFTER_FORECLOSURE_
[STATE] Michigan Nonjudicial
Yes. For residential properties of four units or less, redemption period varies as follows: six months if mortgage executed on or after January 1, 1965 and outstanding mortgage debt is more than two-thirds of original mortgage debt; three months if property is abandoned and outstanding mortgage debt is less than or equal to two-thirds of original mortgage debt; one month if property is abandoned and outstanding mortgage debt is more than two-thirds of original mortgage debt; one year for all other residential properties of four units or less.
The Right of Redemption - Redeem a Home After Foreclosure - AllLaw.com
DO BORROWERS HAVE A STATUTORY RIGHT OF REDEMPTION AFTER FORECLOSURE?