What does it mean for my property to be in forfeiture? Does that mean I lose my property?

No. Forfeiture is not foreclosure. If your property is in forfeiture, you still have one year before it will be foreclosed. However, the interest and fees will be substantially higher. When a property is forfeited, the interest rate goes from 1% per month to 1.5% per month retroactive to the date it first became delinquent. A $175 processing fee, as well as other fees determined by the State of Michigan are also added.

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1. If I don't pay my taxes, will I really lose my house and property?
2. What is a delinquent tax?
3. What happens after the property is forwarded to the county treasurer for collection?
4. What does it mean for my property to be in forfeiture? Does that mean I lose my property?
5. What happens after my property is in forfeiture?
6. What happens after my property is foreclosed? How do I get it back?
7. What if I can't come up with the money right now?