Delinquent Property Taxpayers about to get Socked

http://www.consumerwarningnetwork.com/2009/05/29/delinquent-property-taxpayer...

Foreclosure Crisis Having Impact on Delinquent Taxes

This is a bad time of year for delinquent property taxpayers.

Local tax collectors are about to begin a yearly ritual that puts homeowners who don't pay their taxes on the hook for *interest on what they owe, sometimes as much as 18-percent interest. It's the annual tax certificate sale, and it brings in big profits for investors.

With foreclosures way up, so is the amount owed in delinquent taxes. In Hillsborough County, Florida, which is the Tampa area, $161-million in delinquent property taxes is owed for 2008.

The list for all the properties in Hillsborough County that owe delinquent taxes is bigger than two Sunday newspapers combined. There are some 46,000 delinquent properties for 2008. That's a 40% increase over just two years ago.

Category:

News & Politics

Tags:

• property
• tax
• hillsborough
• county
• delinquent
• foreclosure
• mortgage

[moreaudan]

bottom-feeding douchebags.

[femmepen]

Outrageous. These bankers are vultures. Totally cannibalistic scumbags.

[DolphinFilms]

Those fascist banks get you coming and going.