OfflineMI is starting their auctions July 30th!
Most counties in MI host their auctions online at the website www.tax-sale.info .
I am a big fan of MI tax deed sales and have invested here for years.
One reason I am a big fan is each county has 2 auctions between now and through October.
They have their first auction where the starting bid is the taxes owed on that property
But then each county has a 2nd auction about 7 weeks after their first one. The properties in the 2nd auction are the properties that didn't sale in the first one.
The attractive thing with the 2nd auction is many properties land/houses have a starting bid of 200$.
I myself have taken advantage of this and have had many students take advantage of this. The potential to pick up properties way below FMV is very high at these auctions.
Let me know if you have questions
MI Tax Deed Sales Incoming!
Posted on: Thu, 07/18/2013 - 19:34
MI Tax Deed Sales Incoming!
__________________
-
- by Harold.C
- Login to post comments
they just recently held a county auction in june.
Was it one of the online auctions or did you have to be there in person?
I have not seen any of the online auctions happen yet. They usually hold them at tax-sale.info
Also they will have some auctions that are held at bid4assets.com
the will be in the section that says "county tax sales"
There are 83 counties in MI
they all hold tax auctions
Yes some are online some not online
I guess I should say, the first 'online' sale is July 31st, that I've seen.
Are you from MI ThomasKeys? Just curious what county had their deed auction already.
Even more opportunity in MI deed auctions if you live there
the auction i was reffering to was the in person auction. thanks for the insight.
I live in wayne county and our in person auction was this past june 30th. GREAT DEALS!! i brought my 1st turn key home for 4500 bucks!!
ThomasKeys
That is awesome!!
Turn key home for 4,500!?!? that is a heck of a deal!
Thats exactly why I love this MI deed auctions!
Have you checked back to see if your county is having a 2nd auction?
If not, I would.
I'd love to hear how this investment works out for you
Hey I have a broad question about tax deed sale. If I could get my hands on a(pre-tax sale notice list) is it possible for me to put one of this properties under contract and assign it for a good profit. And if you know what's the best to get these lists I'd really appreciate a tip.
yes that is a great question.
I have taught that to several people!
that is a great strategy to find motivated sellers.
find someone that might be losing their property and contact them before the sale happens and see if they would be willing to sell the property before they lose it.
then we get it under contract and sell it off.
Thank you for clearing that out for me. Now that I know I'm on the right path with right idea, i need to get my hands on a(tax sale notice list). I have been trying to find (the Bronx county Treasurer's office)and failed in every attempt. Is there any way to request it or any trick to get it. please let know.
Are you talking about the Bronx NY?
The way that I usually find counties phone number and websites is with www.netronline.com
when you get to that site click "public records online" at the top then in the middle of the page it will give you a green map of the United States.
Then click on the state that you want and it will give you a list of all the counties for that state.
once you click on a county I will give you different department names, phone numbers and links to the sites.
That is the fastest way I have found to get county info.
Hope that helps
Yes you can get list of properties that are tax delinquent from the county treasurer & they may have a list of properties scheduled to go to the next upcoming auction.
Its the same concept of a pre foreclosure, often times these properties are not foreclosed on until the day before or perhaps even the day of the auction.
You would want to ask the county treasures office what is the "drop dead date"
that is a common term used for the last day they can pay taxes to prevent it from being foreclosed on.