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tax sale proceeds

Coverage of tax sale proceeds in the Nexus archive.

Earliest in view: Jun 23 · 14:27 UTCMost recent: Jun 23 · 14:27 UTC
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  • POLITICSJun 23 · 14:27 UTCWDIV CLICKONDETROIT
    Supreme Court sides with Michigan county in a tax foreclosure case

    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.