Property Bargains Up to 90% Off in Ottawa County, Michigan

Are you looking for a smart way to invest in real estate without breaking the bank? Look no further! Ottawa County, Michigan, offers fantastic opportunities to purchase properties at a fraction of their market value through tax foreclosure sales. Whether you are an experienced investor or a first-time buyer, these auctions can provide substantial returns on your investment.

Understanding Tax Deed Sales

What are Tax Deed Sales?

In Ottawa County, if property taxes remain unpaid for over a year, the county treasurer takes possession of the properties. If the delinquent taxes aren’t settled within the next year, the county forecloses on the properties and sells them at public auctions. This process allows investors to buy properties with clear titles, often at significantly reduced prices.

How do They Work?

• Forfeiture: The Ottawa County Treasurer takes possession of properties with unpaid taxes on March 1 of the following year.
• Foreclosure: If taxes remain unpaid, the county forecloses on properties by March 31.
• Auction: The county auctions off foreclosed properties in August, with re-offerings in September and a second round in October.

Steps to Start Tax Deed Investing

1. Research and Understand Local Laws

• Familiarize yourself with the legal framework governing tax sales in Ottawa County. This includes understanding the General Property Tax Act and any amendments.

2. Visit the Ottawa County Treasurer’s Website

• Get the latest information on upcoming tax sales and auctions. Ottawa County Treasurer.

3. Check the Auction Site

• Online bidding for tax sales is conducted through Michigan Public Land Auction.

4. Read the Details about Tax Deeds

• Ensure you understand the bidding process, auction rules, and payment requirements.

5. Contact the Ottawa County Office

• For specific questions, reach out to the Ottawa County Treasurer’s office. They can provide detailed guidance and support.

Important Details

Detail	Information
Tax Sale Type	Tax Deed Sale
Typical Date of Sale	August, September, October
Bid Procedure	Premium Bid
Deposit	$1,000
Payment	Winning bid amount, 10% buyer’s premium, current summer taxes, $30 deed fee
Auction Site	Michigan Public Land Auction
County Website	County Website
Sale Contact	County Treasurer – Ottawa County, Michigan

Pro Tips in Ottawa County Tax Deeds

• Due Diligence: Always research properties thoroughly before bidding. Check the property condition, zoning laws, and any existing liens.
• Payment: Prepare to pay promptly if you win. You can make payments via wire transfer, certified check, or credit/debit card (with an additional fee for cards).
• Bidding Phases: Understand the two-phase bidding process—Advance Bidding and Active Bidding. Adjust your strategy accordingly.

FAQs for Tax Deeds in Ottawa County

What happens if I win a bid but cannot complete the purchase?

• : If you win a bid but don’t complete the purchase, you forfeit your $1,000 deposit.

Are the properties sold as-is?

• A: Yes, the county will issue refunds if it cancels a sale due to significant issues identified after the auction.

I pay my winning bid with a credit card?

• A: Yes, but an additional 2.75% processing fee will apply for credit/debit card payments.

Are refunds available if the sale is cancelled?

• A: Yes, refunds may be issued if a sale is cancelled due to significant issues identified post-auction.

Useful Links

• Ottawa County Treasurer
• Tax Sale Information
• Auction Site

Need a Hand?

If you need assistance with tax deed investing, don’t hesitate to reach out! Our team is here to guide you through the process and help you make the most of these investment opportunities.

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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