Outlier users ask us again and again with help figuring out exactly who owns their home.
The Wayne County tax auction is a huge public property sale that has fundamentally changed Detroit’s neighborhoods. The sale has swept up close to 150,000 properties in the last 15 years – since 2012 being the busiest years. Some buying in the tax auction are looking for a good deal on a house. Many are investors looking to get as many homes as they can on the cheap.
Trying to trace homes through the auction process to find the owners also revealed how common it has been for investors to lose properties to tax foreclosure yet keep buying properties through the auction the next year. It’s against state law and that doesn’t seem to be stopping anybody.
This piece, published today in Bridge Magazine, lays out the investigation inspired and fueled by Outlier users. When data becomes available for this year’s auction we’ll be following up to see if the pattern continues.