WARREN, Mich. (AP) - Warren is offering to sell city-owned vacant lots to adjacent property owners for $1.
Mayor Jim Fouts made the announcement in a news release Wednesday, saying the Detroit suburb owns 136 lots from past tax-reverted purchases from Macomb County and 70 more will be available with this year's tax sale.
Fouts says the purchaser would be responsible for closing costs that won't exceed $700. Additional property taxes would be around $150 annually.
The mayor calls it a "win-win" deal for both Warren and the nearby property owners. He says the price is hard to beat, plus the city no longer will have to cut weeds or grass and shovel snow at the sites.
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