Vacant lots available for pennies on dollar - WNEM TV 5

Vacant lots available for pennies on dollar

Posted: Updated:
SAGINAW, MI (WNEM) -

As Saginaw continues to fight the blight, a number of vacant lots are popping up across the city.

Saginaw County is selling lots for about $150. The deal is being offered by the Saginaw County Land Bank Authority.

Many Saginaw residents like the idea of being able to purchase the lots.

There are some requirements that have to be met to qualify to buy one of the lots.

  •  1. The property must be located in the county of Saginaw.
  •  2. The property must currently be owned by the Saginaw County Land Bank Authority.
  •  3. It must also be vacant real property with no structure on the site.
  •  4. The property also must share a property line next to the applicant's property or directly across the street.
  •  5. The applicant must also be the owner of his or her property and either residing in it or renting out the property. Renters may not apply.

There are other requirements that need to be met to qualify as well.

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