Best-Kept Secret: Estate Discounts Up to 90% in Lenawee County, Michigan

If you’re looking to invest in real estate, Lenawee County, Michigan’s tax deed sale offers a fantastic opportunity. You can buy tax-delinquent properties for a fraction of their market value, typically 40% to 90% off. This sale is held online at Zeus Auction, usually in August, making it accessible from anywhere.

Understanding Tax Deed Sales

Tax deed sales occur when property owners fail to pay their property taxes. The county then sells these properties to recover the unpaid taxes. Here’s a quick comparison of tax lien certificates and tax deeds:

• Tax Lien Certificates: You pay the taxes owed and earn interest if the owner redeems the lien. If not, you may eventually own the property.
• Tax Deeds: You buy the property directly, clearing the back taxes and gaining ownership.

Example: A property worth $100,000 might be available for as low as $10,000 to $60,000 in a tax deed sale.

Steps to Start Tax Deed Investing in Lenawee County

1. Research and Understand Local Laws
   • It’s crucial to understand the legal framework of the area. Each county may have different rules regarding tax sales.
2. Visit the Local Treasurer’s Website
   • The Lenawee County Treasurer’s Office provides details on tax sales, including auction schedules and property lists.
3. Check the Auction Site
   • Register on the Zeus Auction website to participate. You can view property lists, minimum bids, photos, and maps prior to the sale.
4. Read the Details About Tax Deeds
   • Understand the sale schedule, parcel inquiry, and other essential details. Visit the Lenawee County Tax Sale Information page for more information.
5. Contact the County Office
   • For any questions, contact the Treasurer’s Office directly at (517) 264-4554 or visit them at 301 N. Main St., Adrian, MI.

Important Details

Detail	Description
Tax Sale Type	Tax Deed Sale
Typical Date of Sale	August (next sale: August 13, 2024)
Bid Procedure	Premium Bid
Redemption Period	No redemption period for tax deed sales
Interest Rate	N/A
Deposit	Payment is due by noon on the designated date after the sale
Forms of Payment	Cash, money order, or cashier’s check only (no personal checks)
Deed Issuance	Quit Claim Deed issued within 30 days post-sale
Special Considerations	Winning bidders must affirm they don’t owe back taxes in Lenawee County; title insurance might be challenging.

Investor’s Pro Tips for Lenawee County Tax Deed Sale

• Do Your Homework: Research properties thoroughly before bidding. You can’t inspect them in person.
• Understand Financial Responsibilities: Winning bidders take on future tax bills and any special assessments.
• Prepare for Title Insurance Issues: Title insurance can be tricky with tax sale properties. Ensure you meet the insurer’s requirements.
• Meet All Deadlines: Pay the winning bid by the specified date to avoid penalties and bans from future sales.

Attractions and Economic Highlights in Lenawee County

• Popular Attractions: Parks, theaters, and historic sites.
• Transportation Infrastructure: Major roads, rails, and nearby airports.
• Economic Development: Growth sectors include agriculture, technology, and manufacturing.
• Community Appeal: Outdoor recreational activities, entertainment options, and eco-tourism opportunities.

FAQs for Lenawee County Tax Deeds

1. What is a tax deed sale?
   • A tax deed sale is a public auction where properties with unpaid taxes are sold to recover the owed amount.
2. Can I inspect the properties before the sale?
   • No, you cannot inspect the properties in person before the sale.
3. What happens if I win a bid?
   • You must pay the winning bid amount by the specified deadline and affirm that you don’t owe taxes back in Lenawee County.
4. What type of deed will I receive?
   • You will receive a Quit Claim Deed within 30 days after the sale.
5. Are there any additional costs?
   • Yes, you will be responsible for future tax bills and any special assessments not included in the bid.

Lenawee County Tax Deed Information Links:

• Lenawee County Tax Sale Information
• Lenawee County Treasurer’s Office
• Lenawee County Official Website
• Zeus Auction Site

Need more help? We’re here to assist you with tax deed investing. Book a call or check out our free resources.

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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