1. This article is en eye opener! I praise those who share their experiences with fraud like you do here so we can all learn together and maybe get to the point where no one would benefit from these frauds anymore. This is even worse because it was done by the government, an institution that we trust to be fighting fraud instead of practicing it. I’m sorry you have lost your investments, but I’m glad you made this public to all of us.
    Thank you!


    • You are entirely welcome! And, I agree – the situation is made much worse by both the City and County government actually doing these things to people, and then, it’s made even worse when the State won’t even step in to correct the fraudulent activity! It is the State who should demand that their own cities and town governments follow the State laws, never mind the local ordinances and laws. For a state to tell a citizen of another state who has invested money in something that has been around for many years and designed to help local governments, that they will only pursue “criminal” behavior – well, I sure think this is criminal. In fact, it’s a felony!
      Thank you for your visit and your input! I appreciate your comments!

      • We handle many parts of the foreclosure process, but we work with local attorneys as needed. We keep costs low by providing fixed-price service for 30-day notices, which very often result in redemption. When a 30-day notice does not prompt redemption and proceeding with a suit becomes necessary, we often advise on alternatives such as deeds-in-lieu. Arizona is a big state and some counties do not like telephonic appearances, so having local attorneys is often very important. Travel and time expenses can make non-local representation unattractive. The majority of situations we see do not proceed to a suit, so keeping costs low in the beginning phase is critical. We can help a lot there.

        • Hi – We did have a local attorney. Attorney Scott Morse was to handle two of our Tax Liens. For the first one, which was not redeemed in time, we told him to pursue foreclosure asap. But, he did not. He gave the property owner additional weeks and months of time, which was totally against our wishes. Atty. Morse allowed that property owner to pay him first and to come up with our funds next. When the property owner finally paid everything up, the attorney then notified us that the owner paid and he could not foreclose. As stated, his actions totally went against our instructions and our best interest as we had plans for that property.

          For the next property, which we had already paid that same attorney a retainer, we notified him to proceed to foreclosure. But, in the course of doing so, we learned that the house had been razed by the City of Pocomoke and never notified the County before the Tax Lien was sold despite ample time to do just that. Further, both the City of Pocomoke and the County of Worcester, Maryland, have both violated their own state laws by not recording such actions against the appropriate deed for that property – thus, keeping investors who buy Tax Liens completely in the dark. They are effectively and knowingly advertising Tax Liens with improvements and stealing money from investors. This is wrong, and it needs to be exposed. Thank you for your visit – and your input!

    • Most people think they are getting an equitable and foreclose-able interest in the property instead of an instrument bearing interest on payment if it ever happens. A risk like any other investment.

      • Yes, they would be if the “improvement” actually existed and the owner hasn’t redeemed. The investor would get an equitable and foreclose-able interest. But, again, in our case, both the City and the County have violated the State’s laws. Yes, Tax Liens do have risk, but minimal risk really. Tax Liens are a great investment vehicle because the interest is Government mandated, so even if the property owner does redeem, the investor gets the interest plus their initial investment back. In our scenario, this never should have happened, and I can’t say that it happens often. I only wish to share our experience and notify investors that it “may” happen, and that it’s in their best interest to make sure the property actually does have the “improvement” that is supposedly there. In other words, investors should not trust the local government to follow its own state’s laws.

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