Schedule for Tax Deed Sales in Michigan

Tax Deed Sales in Michigan typically occur in August and September every year.  Investors will want to mark their calendars for late summer every year in order to be ready for the upcoming sales throughout the state.

Listings of the properties available normally become available a few weeks before the bidding starts.  Investors will want to check for available listings starting in mid-August for MI tax deed sale season.

Below are some links to property lists for Michigan tax deed sales:

Wayne County tax deed sale – September

Macomb County tax deed sale – September

Genesse County tax deed sale – September


Returns for Michigan Tax Deed Sales

One of the most enticing aspects of tax deed sales is the potential for high returns. In many cases, properties are available for purchase at a fraction of their market value. This gives investors an opportunity to either flip the property for a quick profit or hold onto it for rental income and long-term appreciation.


How Tax Deed Sales Work in Michigan

When a property is bought at a Michigan tax deed sale, it comes with what is known as a “clear title”. This means that any previous liens or encumbrances are wiped clean (with a few exceptions, such as municipal liens). So, the investor can be confident they’re not inheriting unknown debts or obligations tied to the property. 

Although properties are sold with “clear title” the tax sale does create a cloud on title that can be insured over by working with Tax Title Services.


Extensive Selection of Properties Available in Michigan Tax Deed Sales

Due to various circumstances, from economic downturns to individual financial challenges, there’s typically a broad selection of properties available at tax deed sales throughout the state. Whether you’re interested in residential homes, commercial properties, vacant land, or other types of real estate, there’s a good chance you’ll find something that fits your investment criteria in Michigan’s extensive tax deed listings.

For example, for the 2023 tax deed sale in Wayne County, there are literally thousands of parcels that are up for auction at the sale.  This represents a big opportunity for investors of all sizes.


Diversification by investing in MI Tax Deeds

Diversifying one’s investment portfolio is a time-tested strategy to mitigate risk. By purchasing real estate through tax deed sales, investors can add real property to their portfolio without the hefty price tag usually associated with real estate acquisition. This presents a unique opportunity for those who might not have vast capital reserves but are eager to break into the real estate market.  

Vacant parcels at county tax sales throughout the Detroit area can typically be bought for less than $1,000 in some cases.  

You don’t need a lot of capital to get started investing in tax deeds in Michigan.


Unique Renovation Opportunities for Tax Sale Properties in Michigan

Properties available through tax deed sales often require some level of renovation or rehabilitation. While this might sound like a downside, it’s actually a golden opportunity for investors. Rehabilitating a property not only boosts its market value but also allows the investor to tailor it to the tastes of the target demographic, whether that’s potential renters or buyers.


Contribution to Community Revitalization 

Buying and revitalizing properties through tax deed sales can play a vital role in community rejuvenation. Abandoned or dilapidated properties can be eyesores and even public safety hazards. By investing in and renovating these properties, investors can contribute positively to the community, increasing overall property values and instilling a sense of pride and rejuvenation.


Predictability of Sales 

Michigan counties have a set schedule for their tax deed sales, which can be easily tracked. This regularity offers investors a predictable timeframe to research, plan, and budget for potential purchases. In contrast, other real estate investment opportunities may pop up unpredictably, making planning and research more challenging.


Availability of Online Resources 

In recent years, many Michigan counties have made tax deed listings, auction details, and related resources available online. This accessibility allows potential investors to do thorough research from the comfort of their homes, minimizing the need for physical property visits and speeding up the due diligence process.


Wealth of Experience 

For those new to the real estate game, tax deed sales can provide an invaluable learning experience. From researching properties and assessing their potential value to navigating the complexities of the tax deed buying process, each purchase offers a wealth of knowledge. Over time, this experience can translate to increased confidence and success in broader real estate ventures.


Conclusion Purchasing real estate investments through county tax deed sales in Michigan offers a unique blend of advantages. From the potential for high returns to contributing to community revitalization, the benefits are many and varied. As with any investment, due diligence is key. With proper research and preparation, Michigan’s tax deed sales can be a lucrative and rewarding venture for both novice and seasoned real estate investors.