Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Michigan > Detroit
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 12-10-2008, 07:10 PM
 
Location: Rockport Texas from El Paso
2,601 posts, read 8,522,142 times
Reputation: 1606

Advertisements

I've looked at the Forfeited properties list and its huge.

Ive written the County Treasurer and the opening price includes back taxes - you are then responsible for the current year taxes and have the burden of researching any liens.

Some properties start out at $25k

Has anyone ever attended one of these auctions?

As Detroit loses population the prospects for most abandoned buildings coming back to life isn't good- supply demand etc. Still there may be a gem in there. One problem will be the county will most likely not lower the appraisal to anything close what you buy it for as its not an "arms length sale"

Anyone experience this?
Reply With Quote Quick reply to this message

Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Michigan > Detroit
Similar Threads
View detailed profiles of:

All times are GMT -6. The time now is 12:00 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top