Wayne County officials seek to reclaim properties - FOX 10 News | fox10phoenix.com

Wayne County officials seek to reclaim properties

Posted: Updated:
Fox 2 News Fox 2 News
DETROIT (AP) -- Wayne County officials say they want to reclaim about 22,700 tax-foreclosed properties that were sold to new buyers who also didn't pay taxes.
The Detroit News reports planned legal action is the latest attempt to end a cycle of abandonment and speculation following the treasurer's tax auctions.
Owners of the properties collectively owe more than $80 million and represent more than 78 percent of the 29,000 properties auctioned by county treasury officials since 2011. Most are in Detroit.
David Szymanski, Wayne County deputy treasurer, says the office "realizes there were abuses going on" with people "ignoring the rules."
Properties sell for as little as $500 apiece, prompting investors to sit on them or use them to collect rental money without paying taxes.
  • Download the FOX 2 Apps

  • FOX 2 News Five-Day Forecast
Powered by WorldNow

511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices