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Oooops, Michigan.Michigan county treasurer rebuked for seizing retiree's home over $8 tax debt


2Far

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"There are 14 other states in the U.S. that have statutes on the books similar to Michigan, and five of those states – Arizona, Colorado, Illinois, Massachusetts and Nebraska – allow private investors to make money off the sale of foreclosed homes."

I worked on a database for a couple who did this in Illinois. They had to do multiple things to contact and warn the owner and usually took a couple of years to do before they owned the property. However they wouldn't work in one local county as the bidding was fixed and many people knew it. If you gave money to the county tax collector, you won the bid. He and a couple of cronies were finally caught and served a lot of jail time.

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14 hours ago, 2Far said:

We have a LOT of unintended - and intended - consequences from various laws on the books.  Often ones that are actually routinely used by folks to screw over other folks.  The powerful taking more from the powerless (or less powerful).  It's sort of "the way of the world", and a whack-a-mole process if we bother at all trying to sort it out.

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