Tuesday, October 22, 2013

Ummm, can we change the name of the city.....Wayne County treasurer expects up to 10,000 Metro Detroit properties to be sold in auction

Wayne County treasurer expects up to 10,000 Metro Detroit properties to be sold in auction | MLive.com:
"DETROIT, MI – In the first round of the 2013 Wayne County tax foreclosure auction, when the minimum bid was the back taxes owed on the property, only about 800 properties were sold, Wayne County Deputy Treasurer Dave Szymanksi told MLive.
In the second round, in which the minimum bid is just $500, Szymanski said the treasurer’s office expects about 8,000 to 10,000 properties to be sold.
There are 18,732 properties in the auction, one of the largest land sales in the world."

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