Tax Foreclosures Lowest Since 2008

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Every year, the Ingham County Treasurer's Office notifies residents who are delinquent in their property taxes that their homes, land, commercial structures and other "parcels" are in danger of tax foreclosure.

The 2012 parcels at risk for tax foreclosure numbers for 2012 are at the lowest levels since 2008. The number of parcels rose an alarming 82.4 percent from 2008 to 2009 and have consistently risen to a 2011 peak of 1,638 parcels in danger of tax foreclosure. In 2012, however, parcels at risk of tax foreclosure fell to 1,417, a 15 percent decline. Tax foreclosures themselves have risen since 2009 but the decline in parcels in danger could point to the beginning of a housing recovery.

"We're cautiously optimistic." said Ingham County Treasurer Eric Schertzing. "I recognize a number of people continue to suffer - but the good news is that we're seeing a real decline in the number of parcels."

The Ingham County Treasurer Schertzing also published the 2012 Notice of Judicial Foreclosure Hearing as part of the statutory process. Parcels in the tax foreclosure publication are currently in forfeiture, meaning 2010 or prior year's property taxes have not been paid. If property taxes go unpaid for 25 months after a local treasurer turns them over delinquent to the county treasurer, the property can be foreclosed upon - completely extinguishing the owner's interest in the property. Prior to foreclosure, parcels are listed on a Notice of Judicial Foreclosure.

The tax foreclosure list is widely distributed in the community and is available on Treasurer Schertzing's website at or by calling 517.676.7220. Ingham County Treasurer Eric Schertzing has made access to property tax assistance a priority. "Foreclosure is final. Property owners must act now to prevent foreclosure."

The Judicial Foreclosure Hearing takes place February 25, 2013 at 1:30 p.m. at the Veterans Memorial Courthouse in Lansing. "Property owners facing foreclosure should call my office at 517.676.7220 and we will direct them to community resources or try and work out a payment plan. We don't foreclose on anyone who works out a payment plan and makes a good-faith effort to pay their property taxes," Schertzing said.

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