250102 MI Genesee County Start Price USD 16,313.10 Current Price USD 16,313.10 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Thursday, September 11, 2008 End Time Thursday, September 11, 2008 Location Beautiful Michigan See more about '250102 MI Genesee County' Description 102  GeneseeParcel ID:59-35-578-007SEV:$17,000.00Local Unit Name: BURTON CityAddress 1:PEBBLE CREEK BLVD GRAND BLANC MIPlat Map:MapSection:35Township:7NRange:7ELegal Description:LOT 7 PEBBLE CREEK (05) FR 59-35-400-040Comments:See Plat Map for detail more information may be available at www.co.genesee.mi.us. This property has an ongoing special assessment commitment that averages 2900 per year and continues for another 10 years.More information and updated property specifics and photographs may be available at http://www.tax-sale.info Please check this page frequently prior to auction for more information on parcels.RegistrationTo bid in this auction you must register on eBay or, if bidding in person, at the auction site the day of the sale.Registration is also required on our website, http://www.tax-sale.info.Please read our terms and conditions carefully; a $1000 deposit is required for first-time buyers.PaymentPayment may be made with cash, credit card, cashier's check, money order, wire transfer, or other guaranteed funds.A $20 processing fee will charged for each parcel sold.All sales are subject to a 13% buyer's premium.There is a 3% discount on the buyer's premium when paying by cash, check (if allowed in this specific sale, as per the floor rules) or wire transfer.The minimum sale price = starting bid + 13% + ($20 x parcels).Additional Information Public Act 123 of 1999 dramatically reformed the method by which Michigan County Governments manage tax-delinquent real-estate. Under prior law, liens on parcels were offered to private investors at the annual May tax sale. Property owners were then subject to foreclosure of these liens and ultimately the loss of their property. Those property liens not purchased by private investors (usually the less desirable properties) ultimately reverted directly to the State of Michigan, which processed them and sold them at regional 'scavenger sales' held by the Michigan Department of Natural Resources. Under the new law, the sale of liens has been replaced by direct foreclosure to the County Treasurer, or to the State of Michigan if the County 'opts out' of participating in the process. The properties are then sold by deed at auction. For investors and buyers this system eliminates the uncertainty of predicting which property owners will redeem their parcels from lien sale. At the new land auctions the high bidder is awarded a deed to the parcel, and all of the previous complications involving tax lien foreclosure are removed. Title Check LLC has been hired as the liquidating agent. This property has NOT been visually inspected by Title Check, LLC. Any photos or information presented (other than the legal description) are NOT guaranteed to be correct, but are accurate to the best of our knowledge. The properties are offered for sale "as is" with no guarantees as to fitness for any purpose. Prospective purchasers are advised to make their own determinations as to lot boundaries and structures (if any) that may be located on the property. Parcels may be withdrawn up to the time of the sale at the discretion of the Seller. Please refer to http://www.tax-sale.info immediately before the sale to check the status of parcels. No refunds. All sales are final. The SEV (roughly half of market value) is set by the County Assessor's office. The low bid estimate displayed on eBay is the starting bid. The high bid estimate is the SEV. The SEV is not a definite indicator of actual market value and should not be the sole criteria used when evaluating potential purchases. Title Check, LLC is not responsible for incorrect assessments by the County. The properties are sold by their legal description only, be sure to read and understand it. If you don't understand a parcel's legal description, email support@tax-sale.info for assistance. Purchasers receive a Quit Claim deed. Contact Title Check, LLC (269) 226-2600 to purchase title insurance. Following the auction, winning bidders will receive an email with payment instructions. See www.tax-sale.info for more information. Frequently Asked Questions Questions can be sent to support@tax-sale.info. Phone: (269) 226-2600 Place a Bid!