Unpaid $8.41 property tax bill cost him his house

property tax forclosure

A recent CBS News Headline: “Unpaid $8.41 property tax bill cost Michigan man his house”.  It went to foreclosure and was auctioned off to a buyer for $24,500 even though the house was purchased originally for $60,000.  This could apply to anyone under Michigan’s 1999 property tax law for similar amounts.

The 83 year old owner went to pay taxes which was in arrears for 3 years but he miscalculated the interest payment for $8.41. This led to foreclosure. 

Other states have similar laws and thousands get caught in the crosshairs allowing the government to steal that hard worked for home equity. This heartless theft and lack of public compassion to raise money for government expenses is shamefully wrong.

Getting back to property taxes, in lieu of the unprofessional assessment of property taxes, considering the 40 to 60 percent error rate, there could be a greater application of justice if more access to fine tune accuracy were made available. The benefit for its citizens could be at the forefront of a “public servant”.

If on owns rental properties and if one needs to reduce over-assessments, here is an answer. If you own your own property or want to help businesses clear up an over-assessment, we provide that training.

If you want to help potential clients lower overhead over-assessment expenses there is a solution. Note that reduced assessments rollover year after year.

The likelihood of an over-assessment for your home, business or for a client is real. This is a real business. And yes, you can make a boatload of money helping others.

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P.S.  Source of CBS News headline “Unpaid $8.41 property tax bill cost Michigan man his house”:

https://www.cbsnews.com/news/unpaid-property-taxes-cost-michigan-residents-their-house/

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