Finance

Feb 14 2018

People losing homes for as little as $400 in back taxes – Jul

#tax #liens, #back #taxes, #foreclosure, #real #estate, #county, #government, #homeowners, #investors, #tax, #collectors, #elderly, #national #consumer #law #center, #property, #housing #markets, #property, #cnnmoney, #les #christie # The other foreclosure crisis: Losing a home over $400 in back taxes When homeowners don’t pay property taxes or other municipal bills, like water or sewer fees, local governments have less money to maintain services like schools, police and fire departments and road maintenance. By selling tax liens, those governments can collect on what it is owed. Investors, in return, effectively own a claim against the property until the homeowner pays the county or …