25 bargains, busts in tax-foreclosure auction in Detroit
On Thursday, bidding began on most of the more than 20,000 Detroit properties that ended up in the Wayne County Tax Auction this year because of delinquent taxes.
On Thursday, bidding began on most of the more than 20,000 Detroit properties that ended up in the Wayne County Tax Auction this year because of delinquent taxes.
Next up to buy the Packard Plant is the third bidder – Peru-based developer Fernando Palazuelo.
Investors scooped up more than 9,000 Detroit homes in a county auction.