Grab Your Dream Property at 40-90% Less in Calhoun County, MI

Investing in tax deeds can be a lucrative opportunity. Compared to traditional investments, tax deed investing offers the potential for high returns and a low entry cost. In Calhoun County, Michigan, these tax foreclosure auctions provide a chance to acquire properties at significantly reduced prices.

Understanding Tax Deeds in Calhoun County

Tax deeds are issued when properties are sold to satisfy unpaid property tax debts. When you buy a tax deed, you are purchasing full ownership of the property.

  • Here’s a simple example: If the property taxes remain unpaid for a specified period, the county auctions the property to recover the owed taxes. Investors can then buy these properties, often at a fraction of their market value.

How to Start Investing in Calhoun County

  1. Research and Understand Local Laws
    • Familiarize yourself with Michigan’s tax foreclosure laws. Each state has its own regulations regarding tax sales, redemption periods, and bidding processes.
  2. Visit the Local Treasurer’s Website
  3. Check the Auction Site
    • Auctions are managed by Tax-Sale.info. This site lists available properties and auction dates.
  4. Register for the Auction
    • To participate, you need to register and place a $1,000 hold on your credit card. We will charge this amount only if you win and fail to complete the purchase.
  5. Understand the Bidding Process
    • Advance Bidding: Begins 30 days before the auction. Place, modify, or delete your bids during this phase.
    • Active Bidding: Starts on the auction day and ends at 7:00 p.m. No bid withdrawals are allowed in this phase.
  6. Payment Details
    • If you win, you’ll need to pay your bid amount, a 10% premium, current summer taxes, and a $30 deed processing fee. You can make payments via wire transfer, certified check, or credit card (with a 2.75% processing fee).

Important Details

DetailInformation
Tax Sale TypeTax Deed Sale
Typical Sale DateVaries
Redemption PeriodNone
Interest RateN/A
Bid ProcedurePremium Bid
Deposit$1,000
Auction SiteTax-Sale.info
Treasurer’s OfficeCalhoun County Treasurer
County WebsiteCalhoun Official Website

Calhoun County Tax Deed Investing Pro Tips

  • Watch for No-Reserve Auctions: If properties are unsold, they may be re-auctioned with no minimum bid.
  • Do Your Homework: Research the properties thoroughly before bidding. Use resources like the county’s parcel lookup system and GIS tools.
  • Prepare for Quick Payments: Ensure you have funds ready to cover the purchase and any additional fees.

FAQs

What is a tax deed?
A tax deed is a legal document that transfers ownership of a property to the purchaser after the county sells the property for unpaid taxes.

How do I participate in an auction?
Register on the auction site, place a $1,000 hold on your credit card, and bid during the Advance and Active phases.

What happens if I win?
You’ll need to complete the payment within five business days and submit notarized paperwork.

Useful Links

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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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