Listen: How The Tax Foreclosure Auctions Impact Detroiters
Guest
Alex Alsupis the vice president of research and development at Regrid, a property data and location intelligence company. He blogs on his Substack, The Chargeback, about property tax foreclosure and Detroit housing issues in general.
Alsup says the auction was a last-ditch effort to recover owed property taxes, but that the consequence has meant people losing their homes.
There are thousands and thousands of homeowners that have lost their homes to tax foreclosure auctions over the years, says Alsup, and those are overwhelmingly now owned by people outside of the city who are reaping the benefits of rising real estate values in Detroit today.
Changes To The Law During The Redemption Period
The buyer of a foreclosed home has the right to inspect it during the redemption period. The homeowner cannot unreasonably stop the buyer from inspecting the home. If the homeowner refuses an inspection, the buyer can evict them. If the buyer finds damage to the home, the buyer can evict the homeowner. If the homeowner repairs the damage before the eviction hearing, the judge will not evict them.
Interested In Buying Foreclosed Parcels
- You can purchase foreclosed parcel during the September Auction.
- You can only purchase foreclosed parcels online through the Wayne County Treasurer’s Office at www.waynecountytreasurermi.com
- The Treasurer’s Office does not sell any parcel prior to or after the Auction.
- There is no special list of foreclosed parcels.
- If someone shows you a tax receipt, that does not mean he/she owns the parcel.
- Do your due diligence, check the deed information before you purchase a parcel. Deed information can be checked at the kiosk for free, at 400 Monroe Street, 7th Floor.
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About The Wayne County Sheriff Department
Sheriff’s Departments in Wayne County, MI are law enforcement agencies responsible for the management of Wayne County jails and inmates and promoting public peace and safety through policing. Sheriff’s Offices are tasked with patrolling areas not within the jurisdiction of the local Police Department. The Department is responsible for managing local court orders and judgments, including foreclosures, tax delinquencies, subpoenas, and repossessions.
You may contact the Sherriff’s Office for questions about:
- Wayne County jail records and inmate lookups
- Inmate visitation and contact procedures
- Mugshots and police reports
- Wayne County, Michigan crime reports and Sheriff blotter
- Warrant searches
Wayne County Mi Sheriff Sale Homes
Sheriff Sales auctions in Wayne County, MI, are most often held in the nearby courthouse at least once per month. Public notice of a Sheriff Sales list in Wayne County, MI, will almost always be provided, whether the docket is advertised in the local newspaper or posted online. We will provide full contact information for all Sheriff Sales listings in Wayne County, MI, including square footage, number of bedrooms and baths, price and much more whenever possible. Just be sure to read all the rules and instructions for how to bid on a Sheriff Sales foreclosure auction in Wayne County, MI – courthouses differ from city-to-city.
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Tax foreclosed homes are available for pennies on the dollar – as much as 75 percent off full market price !
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What Is The Homeowner Redemption Period
A property’s former owner can get it back during the redemption period. The sheriff’s deed lists the last date of redemption. Typically, the former property owner has until the sheriff’s sale to submit a loss mitigation application.
The property owner usually has six months to move out or regain their ownership of the property. If the amount they owe is less than two-thirds of their debt, they have a period of redemption of up to one year.
The owner can live on the property during the redemption period, but does not have to make payments toward it. However, they must allow the lien holder to inspect it and the accompanying structures during the redemption period.
Wayne County Bank Foreclosures Records
Our bank foreclosures database is updated daily, providing the latest foreclosure records from America’s most trusted banks, like: Bank of America home foreclosures in Wayne County, Wells Fargo foreclosures for sale in Wayne County, Fannie Mae and Freddie Mac Wayne County listings, JP Morgan Chase homes for sale in Wayne County, Citibank Wayne County homes for sale, Wachovia foreclosures in Wayne County, Suntrust Wayne County foreclosures and HSBC reo homes in Wayne County.
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Wayne County Sheriff Sales
Buy Wayne Michigan foreclosed homes for as little as $10,000 using our website! Founded in 2002 by top real estate professionals, Foreclosurerepos.com’s mission is to provide the best data available for Wayne Michigan and the whole U.S. We specialize in foreclosure homes, repo homes, REO, foreclosed properties, short sales and sheriff sales.
After The Sheriffs Sale The Redemption Period
After the Sheriffs Sale, there is a redemption period before you can be evicted from your property. During this period, you can continue to live in the home. You dont have to pay your mortgage during this time. You may want to save money to redeem your property or negotiate something with the buyer of your home.
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Wayne County Airport Authority Set To Auction Off Surplus Vehicles And Equipment On June 25
News Releases
Wayne County Airport Authority set to auction off surplus vehicles and equipment on June 25
WHAT: The Wayne County Airport Authority will offer surplus vehicles and equipment for public auction through the Greater Detroit Auto Auction. Items include cars, busses, box trailers and snowplow blades used by the Airport Authority.
WHEN: The live auction starts at 10 a.m. on Saturday, June 25, 2022.
Items for bid will be available to preview from 9 a.m. to 5 p.m. on Friday, June 24, 2022.
An online timed auction for bonus surplus items is currently underway. Items include office and terminal furniture, clothing, as well as equipment. To participate, visit www.gdaabids.com. The auction ends on June 25 at noon.
WHERE: The live auction will take place at the Greater Detroit Auto Auction, 24354 King Road, Brownstown, MI 48174, as well as online at www.greaterdetroitaa.com.
The Friday preview location is 714a West Service Drive, Detroit, MI 48242 on the Detroit Metropolitan Wayne County Airport campus.
WHY: The Airport Authority periodically liquidates its surplus used vehicles and equipment.
HOW: The auction and preview are free and open to the public valid ID is required for admission. For more information, visit www.greaterdetroitaa.com or call 479-4360.
Erica Donerson
Message From Sheriff Raphael Washington
Hello and Happy New Year! It was an exciting journey through 2022 and Im glad you were there with the Wayne County Sheriffs Office through it all. We hit some significant milestones and fell just short on some others. Overall, we achieved the mission of WCSO! Our Deputy Sheriffs tagged vehicles,
From the Community Engagement standpoint, I could not be happier with our partnerships than to have handed out blankets to the homeless, to have held the Easter Egg Hunt with Grandmont Rosedale, our Annual Benny N. Napoleon Memorial Golf Classic, supporting youth & seniors, to have partnered with Goodfellows, as well as the Lava Grille in Northville for our No Child without a Christmas efforts. Our Turkey Giveaway with CNS Healthcare, our Santa on Patrol and the $3,000 in gift cards given away thanks to Kroger, along with the $55,000 in gift cards, serving more than 65 families in partnership with Meijers, were exceptional events that I look forward to each year!
We realize the importance of our jobs in the jails, on road patrol, our mounted & marine units, courts, K-9, and recruiting. We are constantly looking for men and women interested in joining our team to continue the fine work that we do.
I truly look forward to a more exciting 2023 for our staff, our deputies, and our residents of Wayne County!
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Need Assistance Concerning Your Property
If you are a property owner having difficulty meeting your mortgage payments, and want to try to avoid foreclosure, please review the Mortgage Foreclosure Prevention info on the Washtenaw County Treasurers website. They also have information on the Tax-Foreclosed Property Auction.
If you are a tenant residing in a foreclosed property, see How Mortgage Foreclosure Affects Tenants.
What Is A County Sheriff’s Sale
When a homeowner cannot pay their mortgage, the property returns to the lien holder or lender who can sell it to pay off all or some of the overdue mortgage in what is known as a sheriff’s sale. Sheriff’s sales occur once a month or each week, depending upon the county. For example, Grand Traverse County holds “open-type” auctions monthly.
A variety of real properties are on the auction block at sheriff’s sales, including single-family houses, multi-family homes, apartment complexes, mixed-use properties and commercial properties. Auctions are open to the public, with many counties conducting them on the front steps of the county courthouse. Bidders interested in a property must have certified funds before participating in an auction.
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Eviction From The Home
Once the redemption period has ended, you can be evicted from the home. The new owner can file a Summons and Complaint to evict you from the property. You will get a notice of this, including a time for a hearing or notification that you must respond in writing. To learn about the eviction process read the articles Eviction: What Is It and How Does It Start? and Eviction to Recover Possession of Property.
Unless there was something wrong with the foreclosure, this kind of eviction is difficult to defend. If you think there was a problem with the foreclosure, you may want to contact a lawyer. Use the Guide to Legal Help to find lawyers and legal services in your area.
If the court orders the eviction, you usually have 10 days to leave the home. You can ask the new owner for more time if you have special circumstances. If you stay, the court will order the sheriff to evict you and remove your belongings from the home.
Listen: Wayne County Treasurer Eric Sabree Discusses The Court Order To Delay Some Foreclosures Until Next Year
Eli Newman, WDET News: What does this court order do?
Eric Sabree, Wayne County Treasurer: It removes from foreclosure taxpayers who would have been foreclosed for 2017 taxes, 2018 taxes and 2019 taxes.
How many properties were facing foreclosure before this order came through and how many will be protected by this order?
Approximately 2,400 owner-occupied properties were facing foreclosure before the order. This order will remove approximately 1,800 of them from foreclosure.
Why was it important to delay foreclosures for another year?
Because those years that we are asking to be withheld are the years they would have been foreclosed during years where it was COVID-19. I looked at that and said these individuals if they applied for the Michigan Homeowners Assistance Fund, many of them have, the Michigan Homeowners Assistance Fund would pay for 2019, 2020 and 2021 for eligible taxpayers and then they would have a year to work on either 2017 and/or 2018 years with us through a payment plan.
Beyond the owner-occupied properties in Wayne County, how many occupied properties are still at risk for foreclosure this year?
The non-owner occupied, which would be the property that will be rented out or lived in by someone who doesnt own the property. That number is close to 3,700. It will go probably drop maybe a few hundred next couple of days.
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Process Of A Michigan Sheriff’s Sale
All counties in Michigan hold sheriff’s sales. Once a sheriff’s department schedules a sale date, it publishes an announcement of the sale in an area newspaper for four consecutive weeks and posts notice of the sale date on the property within two weeks of it appearing in the publication. The plaintiff, or lender, submits an opening bid on the property, after which anyone attending the auction can enter a third-party bid.
The third-party bidder needs only to bid a dollar more than the plaintiff or any other bidder to be the highest bidder. Most counties accept offers on the property for up to an hour after the auction ends and may extend a sale if there is more than one bid on it.
Inspection And Payment For A Foreclosed Property
The most successful bidder in a sheriff’s sale must pay the winning bid amount in a bank-certified check within one hour in the amount of the bid price to the lender on the note. In the event they bid more than what is owed on the mortgage , they will make out a separate check to the county of the auction’s location. The sheriff’s department may cancel sales without notice due to adjournment or settlement.
When a sheriff’s office conducts a mortgage foreclosure sale, bidders do not know if anyone occupies a property. A law enforcement agency will not permit bidders to inspect a property before the auction.
All foreclosed properties are sold “as is,” meaning the agency will not have any information regarding a property’s condition. The new owner is responsible for removing a property’s occupants legally and must also pay any outstanding property taxes.
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Research Foreclosed Properties And Sheriff’s Sales
A person interested in buying foreclosed Michigan properties can research them by performing a full title search. This is the only way they can be confident that it is a foreclosure for the first mortgage holder. The cost of the search can save them from issues that may arise from not investigating the title.
Individuals can also search for properties going to auction by searching for foreclosure sales, sheriff’s sales or auctions in their area’s newspaper, through real estate periodicals or by contacting the county clerks in their area.
In the state of Michigan, local law enforcement agencies will usually list foreclosure auctions on their websites. Interested parties can also go to the sheriff’s department and ask for a list of properties.
The list will include the location and dates of auctions, the minimum payments that must be rendered immediately following a property’s sale, and the acceptable forms of payment. Local laws, the length of the redemption period and fees will also be listed.
References
Notice To Our Visitors
Our site does not guarantee the availability of any property listed herein. The number of available foreclosure properties in our database varies with market conditions.
Due to the federal moratorium on foreclosure evictions during the pandemic, our supply of foreclosure listings is currently low. Please consider looking at other types of properties available here on our website, such as short sales and pre-foreclosures. These types of properties can offer great opportunities for real estate investment.
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Sheriff Sale Homes In Wayne County Mi
Buy foreclosure homes for sale in Wayne County, MI, right now on Foreclosure.com for up to 75% off market value. We currently have 178 of the hottest foreclosure deals in Wayne County, MI, of all prices, sizes and types, including bank-owned, government and many others. Learn how to buy foreclosed homes in Wayne County, MI, with no money down and gain exclusive access to hidden distressed real estate listings in Wayne County, MI, 10 to 180 days before they hit the mass market. Be first with Foreclosure.com find free foreclosure listings in Wayne County, MI, before anyone else. Don’t overpay for your next home in Wayne County, MI. There are 178 discounted homes for sale in Wayne County, MI we think you’ll love.
178 homes available
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Please sign in before saving this search. Don’t have an account yet?
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Tax foreclosed homes are available for pennies on the dollar – as much as 75 percent off full market price !
Enter an address, city, state or zip code below to view super-saving listings near you:
Be sure to act fast and be persistent because the best tax deals might disappear as soon as tomorrow. These one-in-a-lifetime real estate deals are that good.
Real Property Tax Forfeiture And Foreclosures
Real property tax delinquency entails a three-year forfeiture and foreclosure process in Michigan. Parcels are forfeited to the county treasurers when the real property taxes are in the second year of delinquency. Real property taxes which remain unpaid as of March 31 in the third year of delinquency are foreclosed upon by the Foreclosing Governmental Unit . The FGU is responsible for inspecting forfeited property, providing due process notifications and subsequent disposition of the tax foreclosed property. Beginning with the 2021 foreclosure auctions, those who hold interest in property at the time of foreclosure, may file to claim leftover proceeds for parcels which sell for more than the owing delinquency. Further details are available on our Auctions and Claimants webpage.
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