tax foreclosure

tax foreclosure

See tax certificate, tax deed, and tax sale.

References in periodicals archive ?
Background on 424 Memorial Parkway: This building became city-owned due to tax foreclosure. At the request of the Memorial Park Block Club, the property was pulled from the standard IN REM tax foreclosure auction in 2017.
Tenders are invited for provide bond counsel, city auditor, city engineer and/or alternates, city planner and/or alternates, city solicitor, conflict solicitor, financial advisory services, independent hearing officer, labor relations attorney and/or alternate, medical director, municipal debt collector, municipal judge, municipal prosecutor, municipal traffic engineer, planning board/zoning board engineer and/or alternates, planning board/zoning board planner and/or alternates, planning board/zoning board solicitor, procurement services, public defender, tax appeal attorney and tax foreclosure attorney.
The City of Rochester and Monroe County are now providing more direct information at their annual tax foreclosure auctions about homes scheduled for demolition.
These properties represent less than a third of all vacant properties in magnet and Sunbelt cities, but about half of all vacancies in large legacy cities and roughly two thirds of vacancies in the smaller legacy cities, which face the greatest economic challenges, as detailed in the reportRevitalizing America's Smaller Legacy Cities.<br />The Empty House Next Doordescribes barriers to addressing vacancies, including cumbersome property tax foreclosure processes, and state laws and bank practices that lead to thousands of properties being stuck in foreclosure limbo.
The loss of a deferral status may require a large tax liability to be repaid at once and could lead to tax foreclosure, wiping out the mortgage lien status entirely.
If taxpayers are unable to pay, their property by law is eventually subject to tax foreclosure.
As such, trial courts may exercise discretion in applying the uniform standing orders and may approve tax foreclosure sales even when court-ordered appraisals are not filed in accordance with the standing orders.
Lottery24.Net explained, "Hall had discovered that the city had sold the house that had been owned by her family for over 30 years at the annual tax foreclosure auction because she owed just a few hundred dollars in back user fees."
The property tax foreclosure process in Michigan is also complex and lengthy.
The land sat largely dormant since the city first took the plot through tax foreclosure in 1972.