Podcasts & RSS Feeds
Most Active Stories
- This ballot proposal is critical to Michigan's economy, but most people won't bother to vote on it
- Don't like the water shut-offs in Detroit? Now you can pay someone's overdue water bill
- Approaching construction on the highway? Experts say the "zipper merge" can help
- Some think their immigrant ancestors were the last that should be allowed in the U.S.
- Michigan Republican Party's tactics remind me of Watergate, because both were unnecessary
Sun August 11, 2013
Tax-foreclosed properties go on state auction block
More than 700 properties will be auctioned by the state of Michigan Tuesday and Wednesday.
The state holds auctions of tax-foreclosed properties twice a year. The parcels this time are in 12 counties in Michigan's upper and lower peninsulas.
"They can be residential, commercial, some will have abandoned structures, some may not have structures at all," says Terry Stanton, a spokesman for the state Department of Treasury.
Stanton says the properties come with no guarantees, so it really is a case of buyer beware.
He says potential buyers can get basic information on the Treasury's web site or by checking with the county treasurer's office in which the property is located.
Minimum bids range from a few hundred dollars to thousands of dollars.