MI HB6031

Allow foreclosure sales to be conducted online in addition to in-person sales at the courthouse, with the online platform required to be secure, reliable, and accessible to all bidders.

Require notice of online foreclosure sales to be posted on the county website and through any other means necessary to ensure public awareness, with details of online participation posted on the county website.

Modify notice requirements for foreclosure sales to include two distinct statements: one describing the general foreclosure sale and another specifying whether the sale will be conducted in person or online, with details about how bidders can participate.

Require notice of sale adjournments for online auctions to be posted prominently on the online platform, the county website, and through other means previously used to advertise the sale.

Update statutory language to require sales be conducted between 9:00 a.m. and 4:00 p.m. and make technical revisions to improve clarity of existing foreclosure sale procedures.