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A comment on The man who bought Pine Bluff, Arkansas (2022). Parent comment
Where I live, the city is legally bound to seize and then auction off houses for unpaid property tax.
There are even interesting things, such a legally mandated grace periods, and the original owner can buy back up to one year after auction.
And this sure sounds like a place where property taxes might default.
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Where I live, the city is legally bound to seize and then auction off houses for unpaid property tax.
There are even interesting things, such a legally mandated grace periods, and the original owner can buy back up to one year after auction.
And this sure sounds like a place where property taxes might default.