ProfessorProfits.com - The Truth About Tax Lien Certificates:
"A recent study concludes that foreclosure filings jumped 42 percent nationwide in 2006, accelerating a trend that began in 2005 as home sales started to cool. Last year, 1,259,118 U.S. properties entered some stage of foreclosure, up from 850,000 properties in 2005 (Source: RealtyTrac research).
Mortgage payments aren't the only bills falling behind; real estate taxes are not getting paid either, as most mortgage bills also include payment for real estate property taxes. In conclusion, as foreclosures numbers rise so will the number of delinquent real estate property taxes."
ProfessorProfits.com - The Truth About Tax Lien Certificates:
Thursday, June 28, 2007
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