For those looking to purchase property, there are various ways in which it can be done. One way of course, is to find a property that’s listed for sale. You know, just drive around, find a house with a “for sale” sign and put a bid on the property. However, there’s other properties which you would never see on your drive which could be for sale.
The Oakland County Treasurer Tax Sale is the kind of place you would need to look into in order to find a wider selection of unique properties. The Michigan Department of Treasury defines tax reversion as “the process by which delinquent property taxes are collected, or in lieu of collection, the process which governs the disposition of real and tangible personal property upon which property taxes remain unpaid.”
As a quiet title company, we were there on site to provide patrons at the Tax Sale information on us and how we can help them clean the defects and titles that may come with these properties. That’s another thing to remember: the properties up for sale, just like any property really, could have a title defect or flaw. That’s why it’s always good to have a quiet title company at your disposal.
Darren Findling, President of Quiet Title, takes us through the process of the tax sale. From preregistration, all the way up to the start of the bidding, Darren tells you what’s important for you to know when visiting a tax sale such as this.
Should you purchase any property, it’s always good to make sure the title is clean. If it is, that’s fantastic news. If not though, it’s in your best interest in getting it cleaned. If you have property with title defects, or plan to purchase property, not knowing the status of the title, or have any quiet title related matters which need questions answered, give us a call today at 1-(877)-YOUR-FIRM.