Properties at Jaw-Dropping Discounts in Genesee County, Michigan

Invest in tax foreclosure sales in Genesee County, Michigan, and get properties for 40 to 90% off. Here’s a comprehensive guide to help you navigate the process and seize these incredible opportunities.

Tax lien and tax deed investing can be a lucrative way to acquire property at significantly reduced prices. In Genesee County, Michigan, properties are sold through tax foreclosure sales, providing substantial savings and potentially high returns compared to traditional real estate investments.

Understanding Tax Lien Certificates vs. Tax Deeds

Tax lien certificates and tax deeds are two different investment strategies:

• Tax Lien Certificates: You purchase the lien on the property. The property owner must pay you back with interest. If they don’t, you can foreclose on the property.
• Tax Deeds: You buy the property directly at the auction. There is no redemption period, and you take ownership immediately.

Steps to Start Tax Deed Investing

Research and Understand Local Laws

• Know the legal framework and key regulations in Genesee County.
• Check Genesee County Treasurer’s Office for specific guidelines​​.

Visit the Local Treasurer’s Website

• For tax deed information, visit the Genesee County Treasurer’s tax sale auctions page​​.

Check the Auction Site

• Auctions are held on Tax-Sale.info, where you can browse properties and get auction details​​.

Read the Details About Tax Deeds

• Understand the sale schedule, parcel inquiry, and auction procedures.
• Important dates and procedures are detailed on the county’s auction page​​.

Contact the County Office

• For additional inquiries, reach out to the Genesee County Treasurer’s Office​​.

Important Details

Detail	Information
Tax Sale Type	Tax Deed Sale
Typical Sale Date	Check Tax-Sale.info for updated sale dates
Bid Procedure	Premium Bid
Deposit	$1000 Credit Card Hold
Redemption Period	None for tax deed sales
Interest Rate	Not applicable to tax deed sales
Sale Contact	Genesee County Treasurer
Auction Site	Tax-Sale.info
County Website	Genesee County, Michigan

Pro Tips

• Prepare Your Finances: Ensure you have the necessary funds available, including the deposit and potential property taxes.
• Thoroughly Research Properties: Investigate the properties you’re interested in to avoid unpleasant surprises.
• Follow Auction Procedures: Adhere to the auction’s bidding process to increase your chances of winning desirable properties.

FAQs

• What happens if I win a bid? Winners will be notified within an hour of the auction’s end and will receive instructions for payment and paperwork.
• Can I inspect the property before bidding? It’s often recommend driving by the property, but you usually can’t conduct internal inspections before the sale.
• Are there additional fees? Yes, there’s a $30 deed recording fee and a 10% buyer’s premium.

For more details, visit the Genesee County Treasurer’s website and the auction site​​.

Useful Links

• County Tax Deed Information
• County Treasurer
• County Official Website
• Auction Site

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