New Slope: Government-backed domestic equity theft robs older people and worst off hundreds of thousands off bucks
For many who owe people $14, when they qualify bring a good $100 statement out of your handbag and continue maintaining the alteration? However perhaps not. But really when you look at the several states in addition to state’s resource, government entities gathers unpaid a residential property taxation that way.
Just take, such as for instance, 93-year-old Geraldine Tyler. Whenever she didn’t pay as much as $2,three hundred from inside the assets fees on her former Minneapolis condominium, Hennepin County foreclosed and sold the property to own $forty,000. In lieu of reimburse Ms. Tyler the $twenty-five,000 left-over after paying most of the her outstanding taxation, punishment, notice and you can related will cost you, the us government kept all cent.
He had been struggling to get a loan therefore the state treasurer deeded their the home of the buyer, making Mr
The same taken place to Kevin Fair in the Nebraska after the guy dropped trailing towards the his possessions taxes when he quit his work to look after their passing away wife, Terry. Leer más