Property Foreclosure Timeline

Public Act 123 - Property Foreclosure Time Line - 2021 Property Taxes

July 1, 2021: 2021 summer tax bills mailed by City, Township, Village Treasurers
August 20, 2021: 2021 summer taxes due for City only
September 14, 2021: 2021 summer taxes due for Townships and Villages
September 15, 2021: Unpaid 2021 Real Property taxes for Villages transferred to County Treasurer (4% admin fee added, 1% monthly interest)
December 1, 2021: 2021 winter tax bills mailed by City, Township Treasurers
February 14, 2022: 2021 winter taxes due for City and Townships

March 1, 2022: Unpaid 2021 Real Property taxes for City and Townships transferred to County Treasurer (4% admin fee added, 1% monthly interest)
April 2022: 1st delinquent notice sent via 1st class mail (courtesy)
June 1, 2022: 2nd delinquent notice sent via 1st class mail
September 1, 2022: 3rd delinquent notice sent via 1st class mail
October 1, 2022: $15 fee added (mailing expenses)
By February 1, 2023: 4th delinquent notice sent via 1st class mail

March 1, 2023: Property forfeited to County Treasurer, $175 fee added (title search), $60 fee added (recording), $7.10 fee added (notice), 1.5% monthly interest retro active from previous year
June 1, 2023: $45 fee added (site inspection)
March 1, 2023 - January 31, 2024: Title search conducted to identify parties with legal interest, Petition seeking foreclosure filed with Circuit Court, Personal visit to each parcel with personal service and posting of notice, Final warning notice for foreclosure sent via certified mail
December 1, 2023: $50 fee added (publication)
January 2024: Notice published in Manistee News Advocate twice, Administrative Show Cause Hearing held by County Treasurer
February 2024: Circuit Court enters Judgement of Foreclosure
March 31, 2024: Last day to pay taxes before foreclosure is final

April 1, 2024: Foreclosure is final, ownership transfers to County Treasurer
July 1, 2024: Deadline to file Notice of Intention to Claim Interest in Foreclosure Sales Proceeds
July - November 2024: Two tax auctions held
By January 31, 2025: Certified notice sent to those that filed Form 5743 (claimants)
February 1 - May 15, 2024: Court holds hearing and orders distribution
Within 21 days of Order: Proceeds disbursed