Amazing Video that exposes Property Tax Lien Abuse

List of Registered Third Party Buyers of Property Tax liens in Kentucky

Here are the most frequeny buyers of Property Tax Liens in Kentucky
Also constitutes our watch list

Advantage 99	Nebraska Alliance Realty Co.
Virginia Lawson Representative	5106 California St
296-1331	Omaha, NE  68132-2232
	402-321-5982
American Tax Funding	snbtrustee@cox.net

ATFS gets all the propert tax liens in Youngstown, OHIO

           Another Company to watch in the incoming days. American Tax Funding is listed as one of the major Property tax purchaser funded with lines of credit with many major banks. We are still in the process of collecting data and collection practices by this company. According to ATFS's website, Mahoning County technically sold virtually their

          entire portfolio of over $40 million in delinquent tax liens to
 ATF, who became servicer for the entire pool of liens. As part of our partnership agreement with Mahoning County, ATF has an arrangement that the County can direct ATF to transfer ownership of tax certificates on vacant and low value/abandoned parcels to rehabilitation investors, property owners and other municipal redevelopment authorities at a nominal cost to the investor / re-development agent (generally the cost of foreclosure). 
            This is a very unusual practice from a county. Monopoly of American Tax Funding over property tax liens is questionable. We are investigating if any abuses of any residents being forced to foreclosure by charging astronomical attorney which might be out of proportion to the face value of the lien.

A Big Texas Company in seeking fortunes in Eastern Kentucky

            Another Company try to capitalize on misery of Property owners in distress. You wonder why a company with the size of Tax Ease Lien competes to buy as many tax liens as it can in the small towns of Eastern Kentucky. In their webiste, they claim to invest 125 million dollars since their first inception. What a company of this size is doing in small towns of Kentucky.

       There are multiple foreclosures initiated by this company in Boyd county and it makes you wonder if 12% rate of return is enough to entice a company with many resources to come and buy a tax liens of very small amounts.
        On its web site, Tax Ease describes itself as "an investment company focused on community opportunities. TELI works with state and local taxing authorities to provide millions of dollars in revenue by paying the tax obligations of delinquent debtor."

Ex-State Budget Director wants your money or more

       Mr Bardford Cowgill was known to many Kentuckians as the ex-state budget director under Governor Ernie Fletcher. His controversial appointment as director of Post-Secondary education ended with his resignation due to objections raised by the New Governor Steve Beshear and Attorney General, Jack Conway.
      Mr. Cowgill is not working for the state government anymore,  but currently owns and operates a company called Kentucky Tax Liens fund LLC. Shortly after his resignation he registered as a third party purchaser with  Kentucky Department of revenue to buy my and your property tax liens.

Why Wall Street wants your Property Tax Lien?

           Nearly a dozen major banks and hedge funds, anticipating quick profits from homeowners who fall behind on property taxes, are quietly plowing hundreds of millions of dollars into businesses that collect the debts, tack on escalating fees and threaten to foreclose on the homes of those who fail to pay.

           In my home state of Kentucky, government allows private parties to purchase property tax liens and make a 12% yearly interest income from such investment. It is a ultra safe investment protected by the government. But it defeats the common sense.