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Real Estate & Property Law

: The Home Equity Theft Reporter

NY's Warren County Seeks To Reform Its "Surplus Snatching" Ways In Delinquent R/E Tax F'closures & Allow Ex-Property Owners To Keep Equity After Sale

By r morris

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In Warren County, New York, The Post Star reports:Once a county forecloses on your property, that property no longer belongs to you. It belongs to the taxpayers. So we have to wonder why Warren County supervisors are pushing so hard to give that money back. At issue is a law that allows counties to keep all the money from the sale of foreclosed properties, even if the sale price exceeds the

Full post as published by The Home Equity Theft Reporter on April 04, 2010 (boomark / email).

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