AUCTION  / 

Lake and Wexford County, MI Foreclosed Land Auction

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Auction Details

<p>These are properties that have been foreclosed on by the county for delinquent property tax. The winning bidder receives a Quit Claim Deed, not a lien.
<p>Public Act 123 of 1999 dramatically reformed the method by which Michigan County Governments manage tax-delinquent real-estate.
<p>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.
<p>Under the new law, the sale of liens has been replaced by direct foreclosure to the County Treasurer, or to the State of Michigan if the County 'opts out' of participating in the process.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.
<p>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.
<p>Title Check, LLC which acts as the authorized representative in foreclosure for 60 of the 83 counties in Michigan, in association with Tranzon-Bippus as auctioneer, currently act as the liquidation agent for 10 Michigan counties. Parcels which will be offered on behalf of these counties can be viewed on this website.
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43281 MI Lake County43281 - 43281 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 500.00
 
 
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43284 MI Lake County43284 - 43284 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 200.00
 
 
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43292 MI Lake County43292 - 43292 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 100.00
 
 
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43294 MI Lake County43294 - 43294 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 100.00
 
 
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43295 MI Lake County43295 - 43295 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 200.00
 
 
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43296 MI Lake County43296 - 43296 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 100.00
 
 
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43298 MI Lake County43298 - 43298 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 150.00
 
 
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43302 MI Lake County43302 - 43302 MI Lake County
Title Check, LLC
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Start Price : 1.00 | Estimate : 1.00 - 600.00
 
 
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43304 MI Lake County43304 - 43304 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 600.00
 
 
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43305 MI Lake County43305 - 43305 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 500.00
 
 
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43309 MI Lake County 09516 S GULLEY RD43309 - 43309 MI Lake County 09516 S GULLEY RD
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Start Price : 1.00 | Estimate : 1.00 - 21,000.00
 
 
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43311 MI Lake County43311 - 43311 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 200.00
 
 
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43312 MI Lake County43312 - 43312 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 400.00
 
 
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43317 MI Lake County43317 - 43317 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 500.00
 
 
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43318 MI Lake County43318 - 43318 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 100.00
 
 
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