Sep 25, 2026 · 6 days ago· 10:00am EDT to 7:00pm EDT
May still be needed for clean insurance depending on parcel and insurer.
Michigan tax deed foreclosure. Monroe County forecloses March 31 annually; Treasurer auctions fee-simple parcels exclusively online at Tax-Sale.info (Title Check). First auction usually mid-to-late August; surplus/adjacent-owner restrictions may apply on some vacant lots. Properties posted as early as June. Not a tax lien certificate sale.
Inherited from Michigan rather than researched for Monroe: type, redemption, returns, statute.
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Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — Michigan state equalized value is 50% of true cash value by constitution (Mich. Const. art. IX, § 3); taxable value may be lower still. The SEV published with these auction listings is taken from the delinquent tax year that was foreclosed upon, so it is typically several years stale — in a rising market it understates current value, and in a falling one it overstates it. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.