AVOID TAX FORECLOSURE!!

#IllegalForeclosures: What's happening?

Wayne County Delinquent Tax Auction

When you own a home, you have to pay taxes. Every year, the city of Detroit assesses the property value and issues two tax bills accordingly. Property taxes help pay for infrastructure, libraries, the zoo, schools, garbage pickup, and so on. If the city taxes are not paid, the debt gets passed on to the Wayne County Treasurer, which acts as a collections agency, tacking on 18 percent interest per each year if the taxes go unpaid. After three years, state law requires that the Wayne County Treasurer foreclose on the property and put it up for sale in an auction, where it is sold to the highest bidder.

Under this system, one out of every three Detroit properties has been put up for auction by the Wayne County Treasurer since 2002.

Understandably, the consequences of such massive forced turnover in property ownership are severe. The system provides a harsh penalty for violating the social contract: pay your taxes or lose your house. However, it fails to address the underlying reasons for tax delinquency or adequately recoup lost revenue and leads to deep and enduring consequences that devastate the city as a whole.

 

Below are some simple resources that could help you stay informed and win the fight against property tax foreclosure:

2018 Tax Foreclosure Timeline

Don’t Be A Victim of Property Tax Foreclosure! Call Jay at 313-355-0149 For Our Cash Solution to Your Problem.

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 Is The Bank Foreclosing on Your Home?

No Problem, We Can Help With That Too!

So, are you in foreclosure and want to learn how to stop foreclosure now?  We’ve created free online guides to help homeowners just like you find out your options for getting out of the sticky situation you’re in right now.

You aren’t the first person to go through a foreclosure… and won’t be the last.  So don’t feel ashamed. It happens.

The best thing you can do right now is to educate yourself on your options.  For some people selling your home is the best option (we’ll make a fair all cash offer on your house today, just let us know about your situation here <<), sometimes we’re able to help homeowners STOP FORECLOSURE completely, and sometimes there are other options.  So, click one of the buttons above to get your free foreclosure guide.

 

 

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