As of April 1st, 2013, all properties that were at risk of foreclosure in Wayne County this year and did not address tax issues are foreclosed and title has transferred to the Wayne County Treasurer. However, there is still time to redeem a property and prevent it from entering the foreclosure auction.
Get Started: Click "Zoom to My Location" to see the properties at risk of foreclosure in your neighborhood. If you click an individual property and go to its page, you'll see a number of resources to assist in foreclosure prevention under the "What are my other options?" button. You can help your community and neighbors connect with resources and stay in their homes.
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110 Atkinson:
Hi Abbey, and welcome to Why Don't We Own This! I'm Alex from the LOVELAND team.
What you're looking at on the "2013 Foreclosure Risk" map are all the properties in Wayne County that are at risk of winding up in the annual tax foreclosure auction administered by the Wayne County Treasurer's Office.
When a property doesn't pay property taxes for three years, the county treasurer is required by law to foreclose on the property and auction it off in an attempt to make up the back taxes. This takes place in an online auction managed by Bid4Assets every September & October. The auction is split up into two rounds:
In the 1st round, bidding on foreclosed properties opens at the total amount of back taxes (in the case of the house you're looking at, that would be $6,139).
In the 2nd round, all back taxes are wiped out, and the opening bid for ALL properties is $500.
Each of the last two years, about 20,000 properties across Wayne County have wound up in the foreclosure auction. About 700 sold in the 1st round, 10,000 sold in the second round, and around 8 - 9,000 go unsold.
Keep an eye on Why Don't We Own This to get more information as the auction approaches.
In the instance of the house you're asking about -- 110 Atkinson -- the property has been "Conditionally Witheld" from the foreclosure auction. This likely means that the occupant reached an agreement with the Wayne County Treasurer's Office to pay their back taxes off a little bit at a time. As long as they pay off a certain amount by the time the auction rolls around, their house will not be foreclosed on, and auctioned off.
Hope this helps! Any further questions, just shout.
-Alex
how do you buy a house like this at auction? What auction? I am new to all of this.
79 Longfellow:
Current bid $1,100 10:30 am PDT 10/19/12.
9155 WOODWARD AVENUE:
Per the Wayne County Treasurer, this property is no longer available.
This property is no longer available
658 Longfellow:
this used to be a beautiful home! my aunt used to live here and it was gorgeous when it was all fixed up! I miss this house so much (spent most of my childhood here with my cousins). Very said to see that it doesnt look the same on the outside, I can only imagine what the inside looks like.
At $12.1k this is a really good buy for the right person. A blank canvas on the inside, I hope the new owner does it justice!
70 Longfellow:
This house indeed looks occupied. It's a great house within walking distance to upcoming light rail stations, etc. Hopefully the new owners will be mindful of the fact that there may be people already living here.