06/23/2026
π£ The Supreme Court just issued an important decision in Pung v. Isabella County regarding property tax foreclosure and surplus proceeds.
The Court's ruling reinforced that former owners of property sold at tax sale are owned the difference, if any, between the sales price at auction and the unpaid taxes "at least when the sale is fairly conducted in light of the country's history of tax sales." The Court rejected the Pung family's argument that they were entitled to the difference between the property's "hypothetical fair market value" and the taxes owed.
Community Progress is reviewing the opinion now and will share more analysis soon about what this ruling means for communities dealing with vacant, abandoned, and tax-delinquent properties. Make sure you're subscribed to our email newsletter so you don't miss it!
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