40-90% Discounts on Auction Properties in Lapeer County, Michigan

Looking to snag real estate at a huge discount? Lapeer County, Michigan, offers an excellent opportunity with their tax deed sales. These auctions allow you to purchase properties at 40% to 90% off their market value due to unpaid taxes. It’s a fantastic way to invest in real estate with a relatively low entry cost.

Steps to Start in Lapeer County Tax Auction

1. Research and Understand Local Laws
   • It’s crucial to know the legal framework for tax deed sales in Michigan. The process involves a three-year forfeiture and foreclosure period, during which the county seizes properties with unpaid taxes and then auctions them off.
2. Visit the Local Treasurer’s Website
   • The Lapeer County Treasurer’s website provides detailed information on tax deed sales. It provides information about the auction process, sale dates, and required documentation.
   • Lapeer County Treasurer’s Office
3. Check the Auction Site
   • Visit the Michigan Public Land Auction website for specific details on properties available for auction and to register for bidding.
   • Lapeer County Auction Site
4. Read the Details about Tax Deeds
   • Understanding the sale schedule, property details, and auction rules is essential. Auctions open for advance bidding 30 days prior to the sale date.
   • Auction Information
5. Contact the County Office
   • If you have any specific queries or need additional information, the Lapeer County Treasurer’s Office can provide the help you need.
   • Contact Information

Important Details Summary

Detail	Information
Tax Sale Type	Tax Deed Sale
Typical Sale Date	August and October
Bid Procedure	Premium Bid
Deposit	$1,000 Pre-authorization on a major credit card
Payment Methods	Bank transfer, certified check, credit/debit card
Auction Site	Michigan Public Land Auction
County Website	Lapeer Official County Website

Investor’s Pro Tips

• Do Your Homework: Research each property in Lapeer County thoroughly before bidding. Check for any liens, property conditions, and local zoning laws.
• Monitor No-Reserve Auctions: These auctions can offer incredibly low starting bids on unsold properties.
• Stay Honest: Ensure you have no unpaid taxes or fines in the county where you’re buying. Misrepresentation can lead to felony charges.

FAQs

Q: Who can bid on these properties?
A: In Lapeer County, anyone who doesn’t have unpaid property taxes or fines can bid. You must also sign an affidavit confirming this.

Q: What happens if I win a bid?
A: You’ll receive an email with instructions on completing your purchase, including payment and paperwork details.

Q: Can I modify or delete my bid?
A: Yes, during the advance bidding phase, you can modify or delete your bids until active bidding starts.

Useful Links

• Michigan Public Land Auction
• Lapeer County Treasurer

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About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded