43050 MI Lake - 2005 Sheridan Road

43050 MI Lake - 2005 Sheridan Road

Currency:USD Category:Real Estate / Land Start Price:643.07 USD Estimated At:643.00 - 3,420.00 USD
43050 MI Lake - 2005 Sheridan Road
43-050  Lake County - July 2005Parcel ID:43-11-434-021-01SEV:$1,710.00Starting Bid:$643.07Local Unit Name:Webber TownshipAddress 1:Sheridan RoadSection:34Township:18NRange:13WLegal Description:LOTS 21 TO 26 BLOCK 34 LAKEWOODS ACRES #1.Comments:See Plat map for detailPictures:
To bid in this auction you must register on eBay or, if bidding in person, at the auction site the day of the sale.
Registration is also required on our website, http://www.tax-sale.info.
Please read our terms and conditions carefully; a $1000 deposit is required for first-time buyers.
Payment may be made with cash, credit card, cashier's check, money order, wire transfer, or other guaranteed funds.
A $20 processing fee will charged for each parcel sold.
All sales are subject to a 10% buyer's premium.
All credit card sales are subject to a 3% technology fee. PayPal sales are subject to a 2.5% technology fee.
The minimum sale price = starting bid + 10% (+ 2.5 or 3% if credit card or Paypal) + ($20 x parcels).
Additional Information
Public Act 123 of 1999 dramatically reformed the method by which Michigan County Governments manage tax-delinquent real-estate.

Under prior law, liens on parcels were offered to private investors at the annual May tax sale. Property owners were then subject to foreclosure of these liens and ultimately the loss of their property. Those property liens not purchased by private investors (usually the less desirable properties) ultimately reverted directly to the State of Michigan, which processed them and sold them at regional 'scavenger sales' held by the Michigan Department of Natural Resources.

Under the new law, the sale of liens has been replaced by direct foreclosure to the County Treasurer, or to the State of Michigan if the County 'opts out' of participating in the process. The properties are then sold by deed at auction. For investors and buyers this system eliminates the uncertainty of predicting which property owners will redeem their parcels from lien sale. At the new land auctions the high bidder is awarded a deed to the parcel, and all of the previous complications involving tax lien foreclosure are removed.

Title Check LLC has been hired as the liquidating agent.
This property has NOT been visually inspected by Title Check, LLC. Any photos or information presented (other than the legal description) are NOT guaranteed to be correct, but are accurate to the best of our knowledge.

The properties are offered for sale "as is" with no guarantees as to fitness for any purpose. Prospective purchasers are advised to make their own determinations as to lot boundaries and structures (if any) that may be located on the property.

Parcels may be withdrawn up to the time of the sale at the discretion of the Seller. Please refer to http://www.tax-sale.info immediately before the sale to check the status of parcels.

No refunds. All sales are final.
The SEV (roughly half of market value) is set by the County Assessor's office. The low bid estimate displayed on eBay is the starting bid. The high bid estimate is the SEV. The SEV is not a definite indicator of actual market value and should not be the sole criteria used when evaluating potential purchases. Title Check, LLC is not responsible for incorrect assessments by the County.
The properties are sold by their legal description only, be sure to read and understand it. If you don't understand a parcel's legal description, email support@tax-sale.info or call (269) 226-2600 for assistance.
Purchasers receive a Quit Claim deed. Contact Title Check, LLC (269) 226-2600 to purchase title insurance.
Following the auction, winning bidders will receive an email with payment instructions.
See www.tax-sale.info for more information.
Frequently Asked Questions
Questions can be sent to support@tax-sale.info. Phone: (269) 226-2600