*** This info is still relevant for this years 2014 auction *** The 2014 Kalamazoo county auction is Aug. 18th.
Hundreds of Kalamazoo County properties will hit the market in just a few days. These homes have been foreclosed on by the county for back taxes are are to be sold at Auction on July 31st, 2012. Looking for a deal? This is a great forum if you have some extra cash to pick up a home at a very affordable price. Buyer Beware however, many of these homes are a train wreak, some aren’t worth anywhere near what the starting bid is and homes that don’t sell will go up for sale again with no minimum bid. At any rate you can view the properties at https://www.tax-sale.info
Warning there are potential title issues with these homes follow this link for more info
Check out this interview with Jeremy Drobeck & Mary Balkema Kalamazoo County Treasure
Are you offering above list price to win a home in Kalamazoo, Portage, or Texas Township, but terrified the appraisal will come in low and blow up your financing?
Yesterday, a move-up buyer walked into my office right after submitting an offer on a gorgeous ranch near Milwood. The home listed at $275,000. To beat out three other offers, their agent suggested bidding $290,000. But the seller demanded an APPRAISAL GAP GUARANTEE before accepting their contract.
The buyer looked at me and asked, “Jeremy, if we guarantee the appraisal gap, are we on the hook for an unlimited amount of cash if the appraiser comes in at $260,000?”