Tag: tax lien sales
-
Winds of Change in Chicago: Is the Party Over for Investors Who Profit From Property Tax Foreclosures?
BREAKING NEWS: While the proposal is being considered, Cook County’s spring 2026 tax sale has been suspended. What’s going on with property tax seizures in Chicago? First, we know that “legalized equity theft” through foreclosure was finally held unconstitutional by the U.S. Supreme Court in 2023, in Tyler v. Hennepin County. The Court held that…
-
“From the Have-Nots to the Haves”: Skewed Taxation Is Moving Deeds from Homeowners to Investors
As our readers know, property tax is an under-the-radar cost of acquiring a deed. Property taxes are up 27% from pre-pandemic days, according to CoreLogic figures. The communities struggling the most appear to be paying the most, a recent ABC television investigation found. An ABC News report shows how “homeowners in minority communities often face…
