This is a Michigan Land Bank Fast Track Authority property. The Land Bank promotes economic growth through the acquisition and disposal of public property, including tax reverted property. You may be able to buy this property at drastically less than the estimated value.Please note that the estimated value in our description is 50% of the most recent independent assessment. The actual value of the property, and the amount you buy the property for, may be substantially different.This home may need TLC or it may currently be a vacant lot where you can build your own new home. When a property is identified an offer can be made to purchase it by simply going to the Land Bank website and clicking on the "Apply" button and following the instructions provided. If you have any questions regarding the purchase of property please contact the Land Bank at (517) 335-8212.~This property is Real Estate Owned, or REO. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers can be submitted for consideration. Offers can be submitted through the official Listing Agent but in some cases, no agent is listed and offers can be submitted the bank owner directly.