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Wayne council approves sale of foreclosed house with owner-occupancy restriction
5810417 · August 5, 2025
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Summary
Council approved sale of city-owned property at 4225 Grace St. to FPGA Investments for $12,358.86 with a deed restriction requiring the property remain owner-occupied.
The Wayne City Council on Aug. 4 approved the sale of a foreclosed city-owned property at 4225 Grace Street (tax ID noted in packet, corrected during the meeting) to FPGA Investments for $12,358.86. The buyer will also pay a $300 administrative fee.
City staff and the buyer said the sale proceeds equal the amount paid by the city when it purchased the house…
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