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Metro Detroit homeowners cry foul about foreclosures over property taxes
6 years ago
More than 100 homeowners at risk of losing their homes in Southfield are crying foul and their attorneys are claiming some city officials are making money from the sale of the foreclosed homes. Now, those homeowners are demanding more transparency during a city council meeting on Tuesday night. The alarming thing about the foreclosures is all 101 of them are residents who had paid their homes off. The equity was there to make a deal and pay back taxes, instead, their attorneys say the city took possession then sold them for a profit. The mayor of Southfield told 7 Action News it all comes down to paying taxes. Oakland County can foreclose on a home if residents don’t pay property taxes for three years in a row.
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