Genesee county handles tax foreclosures a bit differently than other counties.
See the Land Bank site for a bit more info.
| Tax Law Comparison Chart | |
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Former Foreclosure Law
• 4-7 year process • No clear title • Hundreds of owners • Low-end speculation • Indiscriminate foreclosure •• homeowners at risk
• Contagious blight |
New Tax Law (PA 123 of 1999)
• 1-2 year process • Clear title judgment • Property titled to county • Tax liens eliminated • Hardship postponements • Intervention |
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