loveland

Sarah Cwiek / Michigan Radio

A Detroit-based technology firm says it has an elegant solution to the city's property tax-collection woes.

Loveland Technologies has been mapping the city’s tax-foreclosed properties online. And Loveland founder Jerry Paffendorf says they’ve come across some remarkable data along the way, like this: “The city of Detroit is nearly half a billion dollars behind on property tax collection, when you add in penalties and interest.”

Detroit1701 / flickr

People interested in purchasing tax-foreclosed properties in Wayne County have until Friday to submit deposits.

The second round of this year’s auction starts the following week. The minimum bid for all properties is $500.