Mortgage foreclosures reduce tax foreclosure prices. Post 94


Foreclosures hurt Revere municipal auctions revenue ItemLive.com By Thor Jourgensen May 26, 2008 REVERE-The wave of mortgage-driven home foreclosures is impacting the city’s ability to make money from another type of foreclosure: municipal property tax takings. Revere, like many other communities, auctions off homes and other properties taken by the city after owners fail […] . . .

Read More: Mortgage foreclosures reduce tax foreclosure prices. Post 94

County Treasurer misstates law and plays politics with tax sale. Post 93


Property tax letter “a scam or just short of it” WNDU.com Monday, May 13, 2008 Playing off of foreclosure fears?  Berrien County’s Treasurer fears that someone may be trying to use the foreclosure crisis to their financial advantage. The cause of all the concern is a letter. At best, the letter could be described as […] . . .

Read More: County Treasurer misstates law and plays politics with tax sale. Post 93

Banks create bank fraud, creating tax foreclosures. Post 92


Coach Mitch’s REFLECTIONS   The mortgage banking cover-up The real, banking “fraud” that is not spoken about is: the investors on Wall Street and the Hedge funds along with the banks create the banking programs. They are the ones who set the rules. A No Income Check, No Asset Check, NIC NAC, loan does not […] . . .

Read More: Banks create bank fraud, creating tax foreclosures. Post 92

A home for under $7000. Post 91


Tax Deed Foreclosure Auction on 5/8/08 Need $6950. I own this house. I just would HATE to see the State of Florida Stay With It. This house has no mortgage or any other liens. Opening bid = $6,950.06 Your will own your new house free and clear. To receive complete & free information just send […] . . .

Read More: A home for under $7000. Post 91

Government ‘takes’ church. Post 90


LEGAL and COURTS ONE NEWS NOW.com 5/9/2008 A crumby standoff in Chicago The city of Chicago has placed a tax lien on an area church for allegedly failing to pay sales tax on charitable bake sales. Beth-El All Nations Church in Chicago is currently involved in a property dispute with the city. In 1976 the […] . . .

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You missed a good tax foreclosure opportunity. Post 89


EAST WILTON — A house on Temple Street could become town property, following a petition drive by local citizens. The petition, signed by 43 people, requests that the town put the property under the authority and control of the Wilton Parks Department, said Town Manager Peter Nielsen. “Residents of the area have asked the town […] . . .

Read More: You missed a good tax foreclosure opportunity. Post 89

Record 58,000 tax liens in Lee County, FL. Post 87


58,000 parcels tax delinquent in Lee County, FL news – press.com 5/11/2008 Property owners this year failed to pay taxes on time on a record 58,000 parcels in Lee County, totaling more than $150 million in unpaid taxes, an indication of Southwest Florida’s floundering economy. That means taxes on almost 10 percent of all parcels […] . . .

Read More: Record 58,000 tax liens in Lee County, FL. Post 87

Hard assets are your true safety net. Post 86


Coach Mitch’s REFLECTIONS Why the dollar is dropping like a rock! A YouTube presentation http://articles.mercola.com/sites/articles/archive/2008/04/26/why-the-dollar-is-dropping-like-a-rock.aspx?source=nl We need better education Citizens no longer are being well served by many parts of the government. Our schools are not teaching Johnny HOW to read nor HOW to think, rather, they are more and more becoming the vanguard of […] . . .

Read More: Hard assets are your true safety net. Post 86

Even “The Rich and Famous” Owe Taxes. Post 85


See the headlines Michael Jackson’s Neverland Ranch public auction canceled http://community.livejournal.com/ohnotheydidnt/23326658.html Sharpton Owes Back Taxes http://www.bootsandsabers.com/index.php/weblog/permalink/sharpton_owes_back_taxes/ This Week’s IRS “Hall of Shame” Inductee: Britney Spears http://taxfacts4u.blogspot.com/2008/05/this-weeks-irs-hall-of-shame-inductee.html Rich folks get into trouble all the time Not long ago I learned from a credible source that “The Donald” has filed for bankruptcy 13 times. According to Barbara […] . . .

Read More: Even “The Rich and Famous” Owe Taxes. Post 85

Buy or control real estate when owners are under pressure. Post 88


Delinquent Tax Trends news – press.com 5/11/2008 Property owners failed to pay taxes this year on more land parcels than ever. However, the number of parcels paid after the deadline but before the tax certificate sale has remained very high. Tax delinquencies up significantly Table gotten from: http://www.news-press.com/apps/pbcs.dll/article?AID=/20080509/RE/80509084/1076 ******************** Coach Mitch’s REFLECTIONS  Look at the […] . . .

Read More: Buy or control real estate when owners are under pressure. Post 88