Important News for Michigan Homeowners: You May Be Entitled to Foreclosure Sale Profits

Important News for Michigan Homeowners: You May Be Entitled to Foreclosure Sale Profits

At Heart Real Estate Solutions, we're committed to helping Michigan homeowners understand all their options when facing challenging property situations. A recent Michigan Supreme Court ruling brings promising news for those who have lost their homes to tax foreclosure, and we want to ensure our community is fully informed about this important development.

Breaking News: Foreclosure Auction Profits May Be Yours

If you lost your property to tax foreclosure in Michigan, you may be entitled to receive money from its sale. The Michigan Supreme Court has ruled that former property owners can claim any profits the county made from selling their foreclosed properties beyond the original tax debt owed – and this applies retroactively to sales before 2020.

What This Means for Michigan Homeowners

Our team at Heart Real Estate Solutions understands how devastating losing a home can be. This ruling offers a chance for financial recovery for many former homeowners. In Detroit alone, an estimated 2,400 previous homeowners could potentially recover around $20 million from tax foreclosure auctions between 2015 and 2019.

Important Deadlines You Need to Know

If you've lost your property to foreclosure, timing is crucial:

For pre-December 22, 2020 foreclosures:

• You must act by March 31, 2025

• This is a one-time opportunity to reclaim surplus funds

• Don't wait – start the process now to avoid missing out

For post-December 22, 2020 foreclosures:

• Claims must be filed by July 1 of the foreclosure year

How We Can Help

At Heart Real Estate Solutions, we believe in exploring every option to help homeowners protect their interests. While we're sharing this information about claiming surplus funds, we also want current homeowners to know:

1. If you're currently facing tax challenges, reach out early. There may be ways to prevent foreclosure entirely.

2. We can help assess your situation and explore all available options before foreclosure becomes necessary.

3. Our team of experienced professionals can guide you through various solutions, from payment plans to strategic sales that protect your equity.

   
   

Preventing Future Foreclosures

While this ruling provides relief for past foreclosures, our primary mission remains helping homeowners avoid foreclosure altogether. If you're currently struggling with property taxes or mortgage payments, don't wait until it's too late. We offer:

• Free consultations to assess your situation

• Expert guidance on available options

• Strategic solutions to help protect your equity

• Professional real estate services if selling becomes your best option

Take Action Now

If you're a former property owner affected by foreclosure, don't miss this opportunity to claim what might be rightfully yours. If you're currently facing property challenges, let us help you explore all your options before foreclosure becomes necessary.

Contact Heart Real Estate Solutions today for a confidential consultation. Whether you're looking to claim surplus funds from a past foreclosure or need help preventing one, our team is here to help you find the best solution for your situation.

Remember: March 31, 2025, is the deadline for claims on pre-2020 foreclosures. Don't wait until it's too late – reach out today to learn more about your options.

Why Choose HEART Real Estate Solutions?

At HEART Real Estate Solutions, we prioritize your best interests and offer personalized support to help you navigate your options. Here’s how we can assist you:

Free Consultation: We offer a 100% free consultation with no credit card or payment required. Our goal is to provide you with the information and guidance you need to make the best decision for your situation.

Expert Guidance: Our experienced team can help you understand what steps to take to file for a forbearance agreement and offer you other foreclosure prevention strategies. We’ll walk you through the process, answer your questions, and ensure you have all the necessary information.

Customized Solutions: We recognize that every homeowner’s situation is unique. We’ll

work with you to explore all available options and develop a personalized plan to address your financial challenges.

Contact us today at 844-289-6696 or visit HeartRES.com to fill out our support form. Let’s work together to find the best solution for you, protect your home, and secure your financial future.

We Have Your Best Interest at Heart!

Legal Disclaimer: We are not lawyers and cannot provide legal advice, but we can share general information from our experience regarding effective solutions. For specific legal advice, consult a qualified attorney.