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Grand Traverse County
Home Prices Reduced by 40-90% in Grand Traverse County, MI
Looking for a real estate bargain? Grand Traverse County, Michigan’s tax foreclosure auctions offer a chance to buy properties at 40 to 90% off. Here’s how you can get started:
Overview of Grand Traverse Tax Deed Sales
Grand Traverse offers tax deed sales through online auctions. These sales allow you to buy properties for a fraction of their market value.
Auction Details and Process
Registration: Visit Tax-Sale.info to register. A $1,000 credit card hold is required to participate. This is a deposit, not a charge, unless you win and fail to complete the purchase.
Bidding Phases in Grand Traverse County:
Payment: If you win, you’ll receive an email with payment instructions. Complete your payment within five business days, including the bid amount, a 10% premium, the current year’s summer taxes, and a $30 deed fee. You can pay via wire transfer, certified check, or credit card (with a 2.75% processing fee).
No-Reserve Auctions: Unsold properties in Grand Traverse County may go to a no-reserve auction with bids starting at $100. Keep an eye on these opportunities for potential bargains.
Key Details
FAQs
What is a tax deed sale?
A tax deed sale sells properties to recover delinquent property taxes. The buyer receives full ownership of the property.
What happens if I win a bid?
In Grand Traverse County, winners receive an email with instructions on completing the purchase. You must pay your bid, a 10% premium, current year’s summer taxes, and a $30 deed fee within five business days.
Can I back out after winning a bid?
No, once you win, you are obligated to complete the purchase.
How can I learn more about upcoming auctions? Visit the Tax-Sale.info site and Grand Traverse County Treasurer’s page for the latest information.
Important Links
Jump into the action and snag a property bargain at the next Grand Traverse County tax deed auction!
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If you have questions or need guidance with tax lien investing, feel free to reach out. Book a call or access our free resources to help you get started.
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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.