Michigan Tax Deed

Tax certificates are an easy, solid investment and can help you the average person gain a larger, more secure return on your investment.  Although Michigan used to be a tax lien certificate sale state it is now a tax deed certificate sale state. When Michigan was holding tax lien sales it was considered an excellent sale state because of the high interest rates in some instances totaling 65% on delinquent properties, however, now, there is 12% interest rate and it’s solely a tax deed sale state with a redemption period of one to two years depending on the county.  The county treasurer or tax collector is permitted to sell the property deed to the highest bidder above the minimum bid and there is no right to redemption after this process takes place. Tax deed sales are usually held in the month of March but again, may vary by county.

Michigan Tax Deed in