Tag: tax foreclosure
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Illinois Tax Sale Reform News: What Deed Holders Now Must Know
A new court ruling, plus a new state law, is strengthening Illinois deed holders at risk of losing their hard-earned home equity because of unpaid property taxes. It’s about time. Thousands of Illinois deed holders have lost their homes and all of their home equity over relatively minor tax debts. Consider the Kidd household. After…
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Can I Get the Deed to a Property by Paying Someone Else’s Unpaid Taxes?
You might have bumped into a “hack” on social media: cover taxes for a home and receive the deed. A team of investigative reporters in Houston noticed get-rich-quick schemers touting the ploy in video ads. So the reporters looked into it. The verdict from the news station? Simply paying off an old property tax bill…
