Properties at 40-90% Off: Don’t Miss Out! – Bay County, MI

Introduction: Looking for an incredible real estate deal? Bay County, Michigan’s tax deed auction is the place to be! You can find properties for 40 to 90% off the market value. Everything happens online at Tax-Sale.info.

Understanding Tax Deed Auctions

A tax deed auction is where the county sells properties that have unpaid property taxes. The winning bidder gets the deed to the property, often at a significant discount. For example, you might pick up a house valued at $100,000 for just $40,000.

Steps to Start Tax Deed Investing in Bay County

  1. Research and Understand Local Laws
    • It’s crucial to know the legal framework in Bay County. Local laws and regulations affect your investment, so make sure you stay informed.
  2. Visit the Local Treasurer’s Website
    • Check out the Bay County Treasurer’s Property Auctions page for all the details you need about upcoming sales.
  3. Check the Auction Site
    • Bay County’s auctions are hosted on Tax-Sale.info, where you can see available properties and start bidding.
  4. Read the Details about Tax Deeds
    • Understand the auction terms and conditions. The auction sells properties as-is, so you must do your due diligence.
  5. Contact the County Office
    • You can contact the Bay County Treasurer’s Office directly for any additional inquiries.

Important Details

DetailInformation
Tax Sale TypeTax Deed Sale
Typical Date of SaleAugust and October
Bid ProcedurePremium Bid
Deposit$1,000 hold on a credit card
Sale ContactTreasurer’s Office
Auction SiteTax-Sale.info
County WebsiteCounty Official Website
Bay County Building

Pro Tips

  • Do Your Homework: Research each property thoroughly before bidding. Use resources like the BS&A Online for property tax information.
  • Understand the Costs: Winning bids include a 10% premium, the current year’s summer taxes, and a $30 deed fee.
  • Payment: You have five business days to pay via wire transfer, certified check, or credit card.

Attractions and Economic Highlights

Bay County isn’t just about great real estate deals. The area offers plenty of attractions and economic opportunities:

  • Popular Attractions: Visit parks, theatres, and historic sites.
  • Transportation Infrastructure: Excellent road, rail, and air transport links.
  • Economic Development: Key sectors include agriculture, technology, mining, and manufacturing.
  • Community Appeal: Enjoy outdoor recreational activities, entertainment options, and historical attractions.

FAQs

  • How do I participate in the auction? You need to register on Tax-Sale.info and place a $1,000 hold on your credit card.
  • What are the payment options? Payments can be made via wire transfer, certified check, or credit card.
  • What happens if I don’t pay? The $1,000 hold on your credit card will be charged if you win and fail to complete the purchase.

For more information, visit the Bay County Treasurer’s Page or the auction site.

Useful Links

Need a Hand? If you need assistance with tax lien investing, feel free to reach out. You can book a call or access free resources to help you get started.

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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.

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