More than a dozen counties – and their treasurers – are being named in a series of class action lawsuits over property tax foreclosures.
Donald Visser with Visser and Associates, PLLC says, “We’ve started a number of class actions … the result of a number tax sales over the years where people’s property has been foreclosed for unpaid taxes.”
The lawsuits are focused on counties where homeowners lost their homes due to delinquent taxes. Standard procedure is that the county forecloses – the house sells – and the county uses the proceeds to pay the taxes owed. Visser says, “And very often the counties pocket quite a bit of equity as well. And they don’t return that to the taxpayer. And in fact the extra funds go into the county coffers.”
Continue reading click on source article below.
https://www.9and10news.com/2021/01/21/19-counties-face-class-action-lawsuits-over-foreclosure-proceeds/