Aug 4, 2026 · 39 days ago· 10:00am EDT to 7:00pm EDT
Often used to strengthen insurable title after Michigan tax deed, especially if resale or financing is planned.
Michigan PA 123 tax-deed (foreclosing governmental unit) county. Lapeer County Treasurer forfeits then forecloses multi-year delinquencies; post-judgment inventory sells at public auction. 2026 first-round online auction via Tax-Sale.info Thumb Area catalog — August 4, 2026, 10:00 a.m.–7:00 p.m. EDT (Huron, Lapeer, Lapeer DNR, St. Clair, Sanilac, Tuscola). First auction minimum = delinquent taxes/interest/fees; unsold parcels may reoffer at very low minimum second auction. List available ~May 1 / after June 1 from Treasurer. Foreclosure is final — no post-foreclosure owner redemption. Surplus proceeds claim path applies (Rafaeli). Detroit Thumb / I-69 Lapeer–Metamora market.
Inherited from Michigan rather than researched for Lapeer: type, redemption, returns, statute.
| Parcel | Address | Opening bid | Assessed | Spread | Status |
|---|---|---|---|---|---|
| 047-615-102-00 | — | $450 | $71,700 | $71,250 | pending |
| L21-35-700-040-00 | — | $450 | $61,200 | $60,750 | pending |
| 008-123-001-00 | — | $450 | $60,800 | $60,350 | pending |
| L21-29-200-040-00 |
Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — Michigan state equalized value is 50% of true cash value by constitution (Mich. Const. art. IX, § 3); taxable value may be lower still. The SEV published with these auction listings is taken from the delinquent tax year that was foreclosed upon, so it is typically several years stale — in a rising market it understates current value, and in a falling one it overstates it. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.
| $450 |
| $53,000 |
| $52,550 |
| pending |
| 160767 | — | $450 | $49,600 | $49,150 | pending |
| 046-304-027-00 | — | $450 | $44,700 | $44,250 | pending |
| 018-022-002-02 | BINDEN RD SILVERWOOD | $1,895 | $39,000 | $37,105 | withdrawn |
| 003-006-022-00 | — | $450 | $33,900 | $33,450 | pending |
| 002-008-009-00 | — | $450 | $30,300 | $29,850 | pending |
| 042-225-004-00 | — | $450 | $15,600 | $15,150 | pending |
| 017-650-019-00 | — | $450 | $3,800 | $3,350 | pending |
| 047-615-007-00 | FOREST AVE OTTER LAKE | $450 | $900 | $450 | pending |