foreclosure sign Foreclosed Homes AuctionThousands of foreclosed homes in Wayne County are being auctioned off to the highest bidder.  But you have to get online, not in line, to see them.

Officials say the tax-foreclosed properties include 5,300 occupied homes and 4,600 rentals.

The number of properties is up 44 percent from last year.

Deputy Treasurer Terrence Keith tells WWJ the owners of theses houses up for bids haven’t paid property taxes in at least the past three years.

Keith said, because of what he calls the staggering number of foreclosures, officials have switched from a live auction to online bidding.

Opening bid on the homes is $500.

Click here for more information.

 (Copyright 2010 WWJ Radio.  All Rights Reserved.)

  1. robert urrraro says:

    if it continualy i enjoy wwj 8 hrs a day mon thru friday. My comment regarding your report on wayne counties property auction was bogus. according to there web site you needed to have stated participating on sept 10. the 500 min bid wwj reported went to 800 and they wanted a 1000 deposit on sept 10. your report on sept 16 did not mention this. i would liketo move into detroit bu not if it continualy run this way. i spent alot of time chading around the links before i realised it was a big waste of time. im sorry my spelling and grammer are not the best.

Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

More From CBS Detroit

Best Cooking Classes In DetroitLearn how to whip up some wonderful dishes while having fun!
5 Bucket List Items To Cross Off In DetroitThe “must-do” items for anyone making a trip to Detroit.

Watch & Listen LIVE