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2. Detroit Land Bank Authority - Wikipedia

   en.wikipedia.org/wiki/Detroit_Land_Bank_Authority

   The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...

3. Bill McMachen of Michigan Buys Hundreds of Foreclosed ... - AOL

   www.aol.com/news/2012-08-03-bill-mcmachen...

   For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who ...

4. How to buy land: A step-by-step guide - AOL

   www.aol.com/finance/buy-land-step-step-guide...

   Another way to find land for sale is to simply drive around your desired area and look for for-sale signs, or drive over to a local real estate office to check the listings in the window.

5. Deed of trust (real estate) - Wikipedia

   en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

   The borrower's equitable title normally terminates automatically by operation of law (under applicable statutes or case law) at the trustee's sale. The trustee then issues a deed conveying the legal and equitable title to the property in fee simple to the highest bidder. In turn, the successful bidder records the deed and becomes the owner of ...

6. Land banking - Wikipedia

   en.wikipedia.org/wiki/Land_banking

   Land banking originated in the 1920s and 1930s as a means of making low-priced land available for housing and ensuring orderly development. [2] The period of deindustrialization in the United States coupled with increased suburbanization in the middle of the 20th century left many American cities with large amounts of vacant and blighted industrial, residential, and commercial property.

7. Michigan Supreme Court weighs in on tax foreclosure profits ...

   www.aol.com/michigan-supreme-court-weighs-tax...

   The Michigan Supreme Court in 2020 said counties can't keep profit from tax foreclosed properties. ... the state of Michigan foreclosed Lynette Hathon and Amy Jo Denkins’ property in 2018 for ...