In 2022, Oakland County took the task of selling tax foreclosed properties to a new level by hosting an online auction, rather than an in-person event.
“The Oakland County Land Bank Authority enables us to expand our economic development toolkit so that we can directly address property vacancies, support new developments and return foreclosed properties to the tax rolls,” said Oakland County Treasurer Robert Wittenberg.
March 31 is the deadline to reach out to prevent a foreclosure from happening.
This extension provides homeowners with additional time to request a forbearance from their mortgage servicer.
Step Forward Program Helps Save Homes from Foreclosure (Oakland County Treasurer Andy Meisner Press Release, Dec. 28, 2015) Southfield, MI – With foreclosures causing as much as an 8 percent loss in property values of neighboring homes, according to the Federal Reserve of Boston, and Oakland County losing $14 billion in taxable value during the…