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Wayne County Tax Foreclosure auction
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Silent Tax Foreclosure Auction Is Detroit's Largest Missed Opportunity
Wayne County's tax foreclosure auction, starting Wednesday, is a nationwide opportunity to buy Detroit homes on the cheap – but the residents of those homes have little access to information to take advantage of it.
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Buying Detroit: Why A Not-So-Public Auction Could Devastate City Homeowners
The largest known municipal foreclosure sale to date, the Detroit home sell-off could be a modern take on Manifest Destiny – luring would-be frontiersmen and speculators from across the world to try their hand at “buying Detroit.”
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Reality Estate: Detroit's Housing Sell-off Reveals Too-Good-To-Be-True Home Prices
Buyer beware. And buyer, be aware – the same forces that led to the mass foreclosures and easy acquisition can also make life difficult for even the most earnest property owner.
