70717

MI Presque Isle County lot:71-17

Currency:USD Category:Real Estate / Other Real Estate Start Price:764.83 USD Estimated At:765.00 - 1,800.00 USD
MI Presque Isle County lot:71-17
<link href="http://www.tax-sale.info/styleEbay.css" rel="stylesheet" type="text/css"><div class="detailHeader">71-17 Up North Auction</div><div class="detailParcel"><table cellspacing=0 cellpadding=0 border=0><tr class="detailRow"><td class="detailLabel">Parcel ID:</td><td class="detailValue">122-160-000-047-00</td></tr><tr class="detailRow"><td class="detailLabel">SEV:</td><td class="detailValue">$900.00</td></tr><tr class="detailRow"><td class="detailLabel">Starting Bid:</td><td class="detailValue">$764.83</td></tr><tr class="detailRow"><td class="detailLabel">Local Unit Name:</td><td class="detailValue">Presque Isle Township</td></tr><tr class="detailRow"><td class="detailLabel">Legal Description:</td><td class="detailValue">HARBOR MANOR LOT 47</td></tr></table></div><div class="section">Additional Information</div><div class="bodyText">
The property is being sold by its legal description only. Any photos are believed to be accurate but are not guaranteed to be the subject parcel. Prospective purchasers are advised to make their own determinations as to lot boundaries and structures (if any) that may be located on the property.<div class="bodyText">
For complete auction Rules and Regulations see <a href="http://www.tax-sale.info/rules.php?location=&auctionID=12" target="_blank">here</a>.</div><div class="bodyText">
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Under the new law, the sale of liens has been replaced by direct foreclosure to the County Treasurer, or to the State of Michigan if the County 'opts out' of participating in the process.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. </div><div class="bodyText">
See <a href="http://www.tax-sale.info/" target="_blank">www.tax-sale.info</a> for more information.</div><div class="bodyText">
<a href="http://www.tax-sale.info/faq.php" target="_blank">Frequently Asked Questions</a></div><div class="bodyText">
Questions can be sent to <a href="mailto:epeterson@title-check.com">epeterson@title-check.com</a>.</div><div class="section">
Registration</div><div class="bodyText">
To bid in this auction you <b>must</b>:</div><div class="bodyText">
1) Register on eBay</div><div class="bodyText">
2) Register <a href="https://www.tax-sale.info/register.php" target="_blank">here</a> on www.tax-sale.info.</div><div class="bodyText">
When registering on our site, we will need your eBay User ID, bank contact information, bank account number, and the amount that you would like to be authorized to bid.

The information is sent via a secure (SSL) connection.</div><div class="section">
Payment</div><div class="bodyText">
Payment may be made with cash, cashier's check, money order, wire transfer, or other guaranteed funds.</div><div class="bodyText">
A $20 processing fee will charged for each lot sold.</div><div class="bodyText">
<b>All sales are subject to a 10% buyer's premium.</b></div><div class="bodyText">
<b>The minimum sale price = starting bid + 10% + $20.</b>