Interested in Buying Homes for 40-90% Less? – Ionia County – Michigan Tax Deed Investing

If you’re looking for a property deal in Ionia County, Michigan, you’re in luck! The county auctions tax-foreclosed properties at 40% to 90% off the market price. Here’s how you can get started:

How Does Ionia Tax Deed Auction Work?

  1. Registration: Register online at Michigan Public Land Auction | Tax-Sale.info and secure your bid with a $1,000 hold on your credit card. This isn’t a charge; it’s a safety net in case you win but don’t follow through.
  2. Bidding: Bidding kicks off 30 days before the auction and continues until 7:00 p.m. on the sale day. You can adjust your bids until the auction starts.
  3. Winning: If you win, you’ll receive an email with the next steps, including payment and notarizing your paperwork.

Key Details

DetailInformation
Tax Sale TypeTax Deed Sale
Typical Date of SaleHeld twice each year, in August and October
Bid ProcedurePremium Bid
Deposit$1,000 hold on a credit card as a deposit
Sale ContactTreasurer’s Office (email)
Auction SiteMichigan Public Land Auction
County WebsiteIonia Official County Website

Auction Process in Ionia County

  • Advance Bidding: This phase allows you to place your maximum desired bid. Your maximum bid will only be reached if others bid against you.
  • No Reserve Auctions: Bids can start very low if properties don’t sell initially, making it a great opportunity for a bargain.

Pro Tips

  • Payment Methods: Accepted payment methods include bank transfer, certified check, or credit/debit card (note that card payments incur an extra fee). No cash or personal checks are accepted.
  • Auction Preparation: Check the treasurer’s page in late June or early July for the property list and auction dates.
  • Follow-Up: Ensure you follow the instructions in the email you receive if you win a bid, especially regarding payment and paperwork notarization.
Ionia County Courthouse, Michigan

FAQs

Q: What is the redemption period? A: The redemption period varies by location and specifics of the sale. Contact the county office for detailed information.

Q: How do I find out about the auction dates and available properties? A: Visit the Ionia County Treasurer’s page in late June or early July for updated information on property lists and auction dates.

Q: What happens if I win but don’t follow through? A: The $1,000 hold on your credit card is a safety measure. If you win and don’t follow through, the hold ensures the county is not at a loss.

Q: Can I adjust my bids? A: Yes, you can tweak your bids until the auction starts, providing flexibility and control over your bidding strategy.

For more detailed information, check the following resources:

With this information, you’re ready to dive into tax deed investing in Ionia County and secure great property deals!

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