Tax Due Dates/Delinquent Fee Information
Tax Due Dates Information: The following timeline
describes in general terms the major deadlines involved in the foreclosure process:
July 2011 summer taxes and December 2011 winter taxes: 2011 property
taxes billed by and due to the city or township Treasurer
Taxes are Delinquent - if 2011 taxes are not paid
by March 2, 2012 - unpaid 2011 property taxes are forwarded to the County Treasurer for a
collection. A 4% administration fee, along with 1% per month interest is added
October 1, 2012 the County Treasurer adds a $15 fee to each parcel.
Property is Forfeited: - On March 1, 2013:
Property is forfeited to county treasurer. County Treasurer adds a $195 fee.
Interest increases from 1% per month to 1.5% per month, back to March 2, 2012.
September 1, 2013: $40 fee is added. A personal visit is made to
each property between September and October.
December 1, 2013: $50 fee is added. Property address and names of
all parties of interest are published in local newspaper.
February 2014: Show cause and Circuit court hearings are held.
Judgement of foreclosure is entered. From the judgement date, property owners have
until March 31st to pay the taxes.
Property is forclosed: April 1, 2014: Clear title
to the property passes to the county.
August/September 2014: Property is sold or transferred.
You can not get your property back after it has been foreclosed.
Foreclosure is final and property that has been foreclosed will be sold at
public acution. |