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Old 07-14-2012, 02:53 PM  
wehateporn
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Losing a home over $400 in back taxes

Are Americans losing their property rights or is this the same as it's always been?

Brutal Gestapo Tactics Are Being Used Against Homeowners All Over America
http://www.activistpost.com/2012/07/...eing-used.html

The other foreclosure crisis: Losing a home over $400 in back taxes
http://money.cnn.com/2012/07/10/real...iens/index.htm

"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Outdated state laws that allow local governments to sell tax liens on delinquent properties to investors in order to more quickly collect on overdue property taxes is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. "

"The report cited a case of an 81-year-old Rhode Island woman who fell behind on a $474 sewer bill. A corporation bought the home in a tax sale for $836.39. The woman was evicted from the home she had lived in for more than 40 years and the corporation resold the place for $85,000, the report said. "

"One elderly Montana woman, who lived alone and had no close family to help her, fell more than $5,000 behind on taxes, the report said. After she failed to respond to letters from the company that bought her home in a tax sale, she was evicted from her Missoula home. As a result, she lost about $150,000 in equity in the property, according to the report."
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