Posted on 04/27/2023 2:42:56 PM PDT by nickcarraway
I doubt the court will uphold this.
There is no reason this should be at the supreme courts. The fact lower courts upheld theft by government then how far are we away from death by government bureaucrats.
“Under normal circumstances in most states, the property owner is entitled to keep any equity in the property that remains after a bank or tax authority seizes it in a foreclosure and pays off the expenses associated with seizing and selling it. In effect, the bank or government can’t make a profit off.” the transfer.”
In many states, there is also a redemption period after the property is sold at public auction, when the origibal owner can buy the property back from the purchaser for auction price.
Yes there is. It was posted here yesterday with some good analysis. The laws in Minnesota are not on her side. The Supreme court will likely not rule in her favor.
That would help.
Yeah, liens or something like that. With maybe more recourse if it drags on for decades. I also don’t want to reward people for building up a huge unpaid tax bill.
She lived in a dangerous area and decided to move.
Was she incompetent?
You might remember what was going on in 2010 with property values. The condo would not sell at anywhere near it's later value.
Seems to me I have seen this in the news before.
Probably. It has been reported on in the past 13 years.
There is more to this story.
Yes.
Lots of greedy sobs in government decided to jack up property taxes as property was losing it's value. And people were losing their jobs.
This allowed Them to take property, sell it and keep the proceeds.
Not sure why anyone would think that was acceptable. Private lending companies can not do it. They have to hand over anything beyond what they were owed.
But government, well after all it should all go to them anyway. Right?
It’s not really a free country.
And now less than $630 to reach 30% in our freepathon!
04/27/23 | Jim Robinson
Posted on 4/27/2023, 3:26:37 PM by Jim Robinson
Let’s get ‘er done!
NO RESPONSES YET! SHAME!
This situation was an Abandonment of the property under the statute.
Now exactly why would she do this.
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Thank you for you lovely answers. The question is why did she not act responsible to the situation.,
Not everything is someone else fault.
The sovereign can do whatever they d@m well please. You never own anything, the govmnt does. Quit paying tribute and see how fast the real owners throw you out.
Well, that’s a bit different. Thanks for the background info.
And what crackheads on the lower courts upheld this, either on the basis of fundamental equity or getting laughed out of SCOTUS??
Liens are placed I am sure. And sure, they don’t want to incentivize delinquencies. But after several years this lady owed about $2k. Not worth all the trouble. It is (at least in my state) a small claim and there are small claim courts. Yeah if you ran up unpaid taxes worth a considerable portion of the value of the property then it would seem more reasonable. But in this case the debt before interest and fines was something under 5% of the price the state sold it for (I don’t know the value if it were marketed and sold). That’s a lot of bureaucrats shuffling a lot of paper for a small amount of money.
I suspect the lady bought the condo for a very low price decades ago. She was probably paying a low tax based on the purchase price. When the county re-sells it the tax gets re-assessed at the higher valuation. So the county makes out 2x - they keep the profit, and get to revalue the property and tax the new owner at the higher valuation.
“In June 2018, however, the county suddenly transferred the property to the city of Southfield, which had a preferential right to buy foreclosed properties for the price of the debt. “
https://freerepublic.com/focus/f-news/4149418/posts
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