Some towns NOT doing tax foreclosures. Post 139


Michael Rady worked at the docks for 15 years to pay off the mortgage on his Cleveland home. But when Mr. Rady was injured and could no longer do physical labor, he couldn’t find a job and had to live off savings and credit cards. Soon, he owed Cuyahoga County close to $8,000 in property […] . . .

Read More: Some towns NOT doing tax foreclosures. Post 139

A political candidate asked for my ideas. Post 138


Coach Mitch’s REFLECTIONS™ You may recall that I am involved in local politics. I ran for County Legislature in 2007. A local town board candidate stopped by last night and asked for some input. The ideas expressed are my own and might be implemented at the local, town level. Fred, It was nice speaking to […] . . .

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A little known real estate investing tactic – thank goodness! Post 137


This month, the city of Boise told Marcella Boylan that if she didn’t pay $241.55 owed for trash collection, her name would be published in a full-page newspaper ad to call attention to scofflaws. But Boylan never saw the letter. The 92-year-old’s nursing home caretakers forwarded it – like all her mail – to her […] . . .

Read More: A little known real estate investing tactic – thank goodness! Post 137

“Buyer Beware” is the rule at tax auctions. Post 136


Auction of foreclosure properties draws 200 The Wichita Eagle Kansas, MO …at the Sheriff’s tax foreclosure sale at the Sedgwick County Extension Education Center. The Sheriff’s office auctioned 75 properties . • Gallery: Sedgwick County’s tax foreclosure auction • To the 200 people who showed up Monday to bid on Sedgwick County property in tax […] . . .

Read More: “Buyer Beware” is the rule at tax auctions. Post 136

How to be a ‘Millionaire’ for only $1000. Post 134


Coach Mitch’s REFLECTIONS™   Give the system what it wants (Coach Mitch advice) A banker wants to see assets. If the asset is liquid, like a stock or a bond, then he gives you credit for it. If the asset is real estate, the banker gives you credit for that also. The banking system does […] . . .

Read More: How to be a ‘Millionaire’ for only $1000. Post 134

With taxes so high, it’s easy to go into foreclosure. Post 133


Coach Mitch’s REFLECTIONS™   The question: How did they manage it? Did you ever wonder how families used to be so large and still survive? Into the 1920’s and beyond it was routine for a working man to support seven or more, and on an average salary of $28 a week. In fact, the average […] . . .

Read More: With taxes so high, it’s easy to go into foreclosure. Post 133

Media Ignores Main Reason for Foreclosures. Post 132


Loss of good jobs through ‘free’ trade is at heart of foreclosure epidemic February 18, 2008 American Free Press By Mark Anderson With the mortgage crisis reaching critical mass, it’s time for Americans to see past the media reports that are keeping them in the dark. Take Shaker Heights, a suburb of Cleveland. Foreclosures have […] . . .

Read More: Media Ignores Main Reason for Foreclosures. Post 132

Government goes after mortgage foreclosure loan modifiers. Post 131


Bloomberg.com June 9 (Bloomberg) New York Attorney General Andrew Cuomo subpoenaed 14 loan-modification companies and plans to sue another one as part of a probe of the “foreclosure rescue” industry. Loan modification companies, which get lenders to change the terms of mortgages to help avoid foreclosure, are capitalizing on the housing crisis and preying on […] . . .

Read More: Government goes after mortgage foreclosure loan modifiers. Post 131

TLC’s down – Tax appeals UP. Post 130


Dade tax collector advertising fewer properties this year even with recession Miami Today May 28, 2009 RisaPolansky Despite a rough economy, fewer delinquent property tax certificates are being advertised for sale in Miami-Dade this year than last. In 2008, the county tax collector advertised 89,795 properties before the annual delinquent tax certificate sale. This year, […] . . .

Read More: TLC’s down – Tax appeals UP. Post 130

Predictions – Investors back off tax liens. Post 129


Tax lien auction still leaves $2.6 million gap for Pasco St Petersburg Times Florida May 28, 2009 By Jodie Tillman It may have been a record, but it wasn’t the one that Pasco Tax Collector Mike Olson was hoping to set: More than $2.6 million in property taxes for 2008 remains unpaid after Tuesday’s tax […] . . .

Read More: Predictions – Investors back off tax liens. Post 129