I’ve seen the foreclosure process up close in commercial real estate on behalf of a client. The entity that forecloses on the property — whether it be a bank or municipal government — isn’t just entitled to the amount they’re owed by the property owner. It’s also entitled to collect legal fees, administrative costs related to the foreclosure, and any carrying costs for the property while they held it before it was sold.
I agree.
This line is vague: "Soon Geraldine accrued a $2,300 tax debt"
What does "soon" mean? One year? Three years?
But it appears Geraldine thought someone else was going to pay those property taxes, and whoever that someone else was didn't do it.