Earlier today, we learned that Wayne County (Detroit's county) will be doing yet another public online auction of the foreclosed homes in its possession. Turns out they've been quietly trying to move these along and sold 600 since the last auction, including 230 at a sale in the treasurer's office in the first week of June. The program is controversial because some of the buyers are tax delinquents and/or squatters. [The Detroit News]
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