Remember some months back when the absolute worst thing a bank could do is foreclose of some poor homeowner just because he or she wasn’t paying their mortgage? It was all greed all the time from the banks, many left-leaning politicians were saying.
But what about when the payments that aren’t getting paid are property taxes instead of mortgages? Suddenly foreclosing is a distinct possibility:
County tax assessors are getting ready to publish the names of people and companies that collectively owe $16.8 million in unpaid 2010 property taxes.
Approved Monday night by County Commissioners, the impending publication is the first step in a process that could end with the county foreclosing on the real estate involved.
