Wayne County Tax Foreclosures Down Almost 36 Percent

Wayne County, MI – The Wayne County treasurer expects that as many as 18,000 properties are slated for the annual tax foreclosure auction this fall

According to the Detroit News, that’s a nearly 36 percent decrease from last year. The county offered up a record 28,000 foreclosures in 2015.

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“It’s a drop,” said Treasurer Eric Sabree. “Collections are up all over the county, including Detroit. That’s a good sign. But people are still struggling. We have to stay vigilant.”

The Detroit Free Press reported that this month, surveyors with Detroit-based Loveland Technologies “knocked on the doors of 8,745 foreclosed residences thought to be occupied in the cities of Detroit, Highland Park and Hamtramck, making direct contact with 1,789 occupants and delivering information to all about options to stay in their home,” according to a report from Loveland.

County officials credit the decline in part to new payment plans that reduced interest rates and federal aid available to homeowners through the Step Forward Michigan program.

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