Nearly 36,000 Detroit properties facing foreclosure ahead of 2018 tax auction

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Nearly 36,000 Detroit properties facing foreclosure ahead of 2018 tax auction

Nearly 36,000 Detroit properties facing foreclosure ahead of 2018 tax auction

Metro Times-

The annual wave of displacement that’s been devastating Detroit neighborhoods for nearly a decade is rolling right along, with this coming year shaping up to look much like the last.

About 36,000 Detroit properties that are at least two years behind on their taxes have received foreclosure notices ahead of next year’s tax auction, according to the Wayne County Treasurer’s Office. Last year, the office says about 39,000 properties received such notices ahead of the tax auction that took place this fall.

Though Wayne County officials do not yet know how many of the of the foreclosed properties are homes where people live, Detroit-based data mapping company Loveland Technologies says that, during the 2017 auction cycle, 32,000 properties turned out to be occupied. Some 2,000 of those homes went on to be entered into the fall foreclosure auction to be sold to the highest bidder. The majority of remaining homeowners were able to avoid the forfeiture list by making payment arrangements with the county.

[METRO TIMES]

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