Wednesday, September 14, 2011

Wayne County | Owners escape tax debt by rebuying foreclosed homes

Wayne County Owners escape tax debt by rebuying foreclosed homes The Detroit News
Landlord Jeffrey Cusimano didn't pay property taxes on seven of his east-side rentals for three years, owing the city of Detroit more than $131,800.
Typically, that would mean losing the properties.
But Cusimano not only got to keep them — his debt, including interest, fees and unpaid water bills, was virtually wiped free.

No comments: