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Tax Foreclosures News

County tax foreclosure tide receding - Adrian Daily Telegram

County tax foreclosure tide receding Adrian Daily Telegram By Dennis Pelham The numbers are still high but there were 3 percent fewer properties on a tax foreclosure list that went before a Lenawee County circuit judge on Monday. About 20 people who appeared for the hearing were directed to the Lenawee County ...

Analyst: NV casino tax hike would mean job losses - CBS News

Analyst: NV casino tax hike would mean job losses CBS News "We estimate the gaming tax increase would result in 7500 or more lost jobs in Nevada, a notable step backward," Bill Lerner of Union Gaming Group said in a client's note. Nevada leads the nation in unemployment, bankruptcies and foreclosures. and more »

Michigan real estate market could be on the mend - northwestohio.com

Michigan real estate market could be on the mend northwestohio.com According to the Daily Telegram, Lenawee County hit a record with 560 properties being noticed for a show cause hearing on tax foreclosures in 2011. The number was reduced to 408 by the time of the hearing last year but a record 78 properties ended up ...

Tax Liens Promising 18% Returns May Be a Case of 'Buyer Beware' - BusinessWeek

Tax Liens Promising 18% Returns May Be a Case of 'Buyer Beware' BusinessWeek Tax liens, or tax certificates, generally are sold to investors at auctions and are secured by claims on the underlying real estate that take priority over mortgages. Interest generally accrues on the taxes owed at rates set by auction, which property ... and more »

Empty, foreclosed houses burden cities, neighborhoods - The Seattle Times

Empty, foreclosed houses burden cities, neighborhoods The Seattle Times Homeowners associations that handle landscaping and other amenities sometimes face bankruptcy as owners of houses or condos in foreclosure stop paying dues. And taxpayers, directly and indirectly, end up paying: Municipalities raise tax rates to make ... and more »