auction sale prices

The Supreme Court ruled against a Michigan family whose home was sold for less than half its market value to cover a $2,000 tax debt, upholding county practices that allow lower auction prices for tax foreclosures. The court rejected the family's claim that the sale violated their rights, with the county arguing that requiring open-market prices would undermine tax collection processes.

The Supreme Court ruled against a Michigan family whose home was sold for less than half its market value to cover a $2,000 tax debt, upholding lower auction prices for tax foreclosures. The county argued auction sales require full cash payments, leading to lower prices, while the family claimed the sale violated their rights. The decision follows a prior case where the Court limited counties from keeping excess tax sale proceeds.