What is tax foreclosure?
Tax foreclosure is different than mortgage foreclosure. Tax forfeiture is the process by which the county takes ownership of a property if property taxes are not paid, resulting in foreclosure.
The property tax foreclosure process can be confusing. We would like to answer any questions you might have and help you develop a payment strategy. Please call us at 517-676-7220 or email [email protected].
Ingham County Treasurer 2017 Property Tax Foreclosure Timeline
This timeline is intended to describe in general terms the major elements and deadlines of the state law regarding delinquent property taxes. Additional fees may apply.
On March 1, 2019:
- Unpaid 2018 property taxes become “delinquent” and payable to county treasurer.
- A 4% administration fee is added.
- Interest begins to accrue at 12 percent per year.
On October 1, 2019:
- A $15 fee is added.
On November 1, 2019:
- The parcel is added to the preliminary forfeiture list.
By February 1, 2020:
- Mortgage lenders and banks may be notified.
On March 1, 2020: F O R F E I T U R E
- A minimum of $285 in fees is added.
- Property is forfeited to the Ingham County Treasurer.
- Interest rate increases to 18 percent per year, retroactive to March 1, 2018.
- Foreclosure petition is filed in Circuit Court June 1, and a legal fee is added.
Between June 1, 2020, and January 31, 2021:
- Title research to identify owners and lienholders.
- Personal visit made to forfeited property.
- Mortgage lenders, banks and lienholders notified.
- Foreclosure list published in newspaper December 1, publication fee added.
- Show Cause Hearing is held.
February 2021: F O R E C L O S U R E
- Circuit court enters a judgment of foreclosure. From the date of this judgment, property owners have until March 31 to redeem the taxes, plus penalties and interest, or lose their property.
March 31, 2021:
- Redemption rights expire if taxes are not paid and clear title transfers to the Ingham County Treasurer.
- Foreclosed property may be sold at public auction. Prior owner does not receive any of the proceeds.