Kent County Land Bank Circumvents Market To Fund Operations [Michigan Capitol Confidential]:
"The Kent County Land Bank is acquiring tax delinquent and abandoned property before it is made available to the public and in doing so, the quasi-governmental entity is casting a big shadow on what had been an open and successful real estate market.
Under Michigan statute, land banks aren't supposed to buy tax delinquent and abandoned property until after buyers get their chance at tax auctions."
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