Akron, Ohio is one of the many local government that chose to do business with Tax Ease Liens of Ohio, a company that buys property tax liens as investments. Such an agreement provides essential funding for the cities but it comes at a terrible cost.
There is already a class action lawsuit started in Louisville Kentucky against Tax Ease Liens and I hope Kristen Scalise decides to reconsider her decision to work with Tax Ease Liens.
These Tax Lien investors are known to charge consumers more that 3-4 times the original tax obligation. Such practices will have a devastating effect on small communities like Akron Ohio and fore many homeowners face foreclosure.