May 22, 2017
May 15 is tax lien sale in Baltimore. People who owe as little as a few hundred dollars on a water bill or real estate tax bill can discover their home sold right out from under them by the city.
In fact, it’s a racket. Real estate sharks buy up liens, then offer to sell them back to the home’s rightful owner for the original amount plus 18% more in fees and interest.
These tax lien sales and water bill sales contribute to driving people out of their homes in Baltimore.
Losing a home because a person cannot pay a ridiculously high water and sewer bill is the mark of a society that is not organized to serve the population.