by Lachin Hatemi M.D.
Here is an article I found interesting. Defaulted property tax liens is a 15 billion dollar market. Amazing summary of this racket is mentioned in CNN.
"NEW YORK (CNNMoney) -- People are losing their homes over unpaid tax bills that, in some cases, add up to just a few hundred dollars.
Outdated state laws that allow local governments to sell tax liens on delinquent properties to investors in order to more quickly collect on overdue property taxes is sparking a second "foreclosure crisis," a report from the National Consumer Law Center said Tuesday [ Click for the Rest].
Here is an article I found interesting. Defaulted property tax liens is a 15 billion dollar market. Amazing summary of this racket is mentioned in CNN.
"NEW YORK (CNNMoney) -- People are losing their homes over unpaid tax bills that, in some cases, add up to just a few hundred dollars.
Outdated state laws that allow local governments to sell tax liens on delinquent properties to investors in order to more quickly collect on overdue property taxes is sparking a second "foreclosure crisis," a report from the National Consumer Law Center said Tuesday [ Click for the Rest].
These articles have got complete sense without confusing the readers.
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