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Wayne County sets terms for June 3, 2026 tax‑foreclosure auction; registration, down payment and closing rules outlined
Summary
The board authorized an in‑person tax‑foreclosure auction for June 3, 2026 at 6 p.m., established bid and registration rules (10% down payment, former owners barred, closing and recording deadlines), and delegated auction advertising and administration to the Treasurer.
The Wayne County Board of Supervisors approved detailed terms and conditions for a public tax‑foreclosure auction scheduled June 3, 2026 at 6 p.m., authorizing the Treasurer to conduct the sale and to advertise it to maximize participation.
Resolution 272-26, presented by Mr. Johnson, lays out bidder eligibility and contract terms: a 10% down payment is required of high bidders; former owners and certain officials (including sitting members of the Board and town boards for parcels in their towns) are barred from bidding; purchasers must pay the balance and recording fees no later than 2:00 p.m. on July 17, 2026 or forfeit deposits. The resolution also prohibits post‑sale conveyance to a former owner within 24 months and requires purchasers to accept properties "AS IS," with drive‑by only inspections and no warranty of title by the county.
Other auction conditions include restrictions on people or entities that owe property taxes to the county, a buyer’s premium and additional closing fees, and an explicit process for the Treasurer to remove parcels from the auction list prior to sale if appropriate. The Treasurer is also authorized to conduct the auction in person and to charge advertising costs to Account A13254.54402. The board adopted the resolution on roll call.
Provenance: The auction date, registration rules and closing deadline are set out in the board resolution and associated Terms and Conditions included in the record.
