Pung v. Isabella County · ¶15

Pung appealed, and the Sixth Circuit affirmed. Based largely on Circuit precedent, the court held that a “ `plaintiff whose property is foreclosed and sold at a public auction for failure to pay taxes is [not] entitled to recoup the fair market value of the property.' ” App. to Pet. for Cert. 11a (Pet. App.) (alteration in original). Instead, “ `when a municipality sells foreclosed property at a properly conducted public auction,' the owner is entitled to `the amount of the sale above his debt and no more.' ” Ibid. Thus, the court concluded that Pung should receive $73,766.07—the difference between the sale price of the home and the tax debt.

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