State Rep. David Rutledge, D-Superior Township, announced today a proposal aimed at helping struggling homeowners avoid property tax foreclosure. The Homeowner Protection Plan would create new tools to help local governments protect homeowners, especially seniors and working families, Rutledge said in a statement.
Being in the tax collection business has grown increasingly difficult in today's economic environment, says Washtenaw County Treasurer Catherine McClary. McClary told the Washtenaw County Board of Commissioners Wednesday night her office estimates the total amount of unpaid 2010 real property taxes in the county will be about $30 million ...
Residential foreclosures peaked locally in 2008, yet the wave of property owners who gave up their homes to lenders continues to be felt in Washtenaw County’s housing market. Numbers of foreclosures remain at high levels - about five times the “normal” rate recorded as sheriff’s sales early this decade.
We’ve heard plenty about the national foreclosure crisis. It’s killing both property values and the "American Dream" of home ownership, we’ve been told, leaving the real estate industry off-balance amid one of the most difficult sales climates that anyone working today can remember. But foreclosures also represent opportunity - and, ...