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Under the new law, the sale of liens has been replaced by direct foreclosure to the County Treasurer, or to the State of Michigan if the County 'opts out' of participating in the process.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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43114 MI Lake County43114 - 43114 MI Lake County
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43116 MI Lake County43116 - 43116 MI Lake County
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43117 MI Lake County43117 - 43117 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 700.00
 
 
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43118 MI Lake County43118 - 43118 MI Lake County
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43119 MI Lake County43119 - 43119 MI Lake County
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43121 MI Lake County43121 - 43121 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 400.00
 
 
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43123 MI Lake County43123 - 43123 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 700.00
 
 
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43124 MI Lake County43124 - 43124 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 300.00
 
 
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43125 MI Lake County43125 - 43125 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 700.00
 
 
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43126 MI Lake County43126 - 43126 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 600.00
 
 
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43130 MI Lake County43130 - 43130 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 400.00
 
 
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43131 MI Lake County43131 - 43131 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 200.00
 
 
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43133 MI Lake County43133 - 43133 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 400.00
 
 
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43138 MI Lake County43138 - 43138 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 200.00
 
 
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43143 MI Lake County43143 - 43143 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 300.00
 
 
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43156 MI Lake County43156 - 43156 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 600.00
 
 
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43157 MI Lake County43157 - 43157 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 400.00
 
 
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43158 MI Lake County 02796 W MARQUETTE CIRCLE43158 - 43158 MI Lake County 02796 W MARQUETTE CIRCLE
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Start Price : 1.00 | Estimate : 1.00 - 7,100.00
 
 
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43161 MI Lake County43161 - 43161 MI Lake County
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Start Price : 1.00 | Estimate : 1.00 - 700.00
 
 
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43164 MI Lake County 06767 S JOYRIDE AVE43164 - 43164 MI Lake County 06767 S JOYRIDE AVE
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Start Price : 1.00 | Estimate : 1.00 - 4,700.00
 
 
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