Newaygo County will be holding its first auction of foreclosed property for nonpayment of the 2016 property taxes on August 15, 2019 at 1:00 p.m. in the Board of Commissioners Room in White Cloud.
“We are very proud of our work in the Treasurer’s Office helping taxpayers save their properties,” stated Holly Moon, Newaygo County Treasurer. “This year we have 86 total foreclosures with many of these properties given up freely by the owners. Fifty-six (56) of the 86 total parcels are small lots located in one of our northern townships. The remaining 30 parcels are spread across the other 27 townships and cities in Newaygo County with many local units having no foreclosures at all. We also granted 67 extensions this year due to financial hardship, and we typically see a 90+% success rate on these extensions."
The upcoming auction is open to the public and registration begins at 12:00 p.m. On-line registration will be available prior to the sale by link on the County Treasurer’s webpage or the Auctioneer’s website: www.BippusUSA.com. A potential buyer must bring a $1,000 deposit in the form of cash or certified check made out to themselves in order to register. If a person is a successful bidder, the deposit will apply towards their purchase and the balance of the transaction is due by 5:00 p.m. on the day of auction. If a bidder does not purchase, they will receive their deposit back in full the day of auction. There is a 10% buyer’s premium and a $59 deed preparation fee added to each parcel purchased. According to State statute, buyers must pay the 2019 summer tax bill before the deed can be executed.
The list of properties available for auction along with pictures, maps, summer tax amounts, and minimum bids can be found on the County website: www.countyofnewaygo.com; then use the link there to navigate to the County Treasurer’s page and select the “Properties for Auction” tab. You will find Frequently Asked Questions and the Terms and Conditions of the auction located there as well. The Newaygo County Treasurer’s Office has hard copies of the property list available for purchase at $12 each.
All properties offered at auction are sold “as is” “where is.” It is the buyer's responsibility to do their homework as to their desired use of a property, and to execute any eviction process that may be necessary if they purchase. This auction is for the real property only, and the buyer will receive a Quit Claim Deed to the property. There are no liens carrying forward on any of the parcels offered, but the new buyer is responsible for the 2019 summer bill, and all future property tax bills.
Any parcels not sold on August 15, 2019, will be offered again on September 26, 2019. This auction will be run the same as the August auction with the possibility of some additional parcels being added for property owners who received an extension and did not pay by the extension deadline. On-line registration will also be available by link on the County Treasurer’s webpage for the September Auction.
“Foreclosures continue to be a top priority for my Office, and we recognize the need to help taxpayers struggling with this issue,” stated Holly Moon, County Treasurer. “We can’t erase the foreclosures or the economic challenges that taxpayers face in our community, but we are always fighting back in Newaygo County. The earlier taxpayers reach out to us for help, the more options we can provide for them.” Holly further stated, “It’s my job to collect delinquent taxes. Foreclosure is what is mandated by law when the delinquent taxes are not paid.”