Delinquent Property Taxes Putting Squeeze On Ohio County

In Richland County, Ohio, The Mansfield News Journal reports:

• Delinquent property taxes in Richland County have spiked sharply during the last four years, rising from $7.3 million to $11.2 million. County Treasurer Bart Hamilton believes the trend has not crested in an economy afflicted by the foreclosure crisis. "I think our delinquency will probably go up for about the next two years," he said.

***

• Deputy Treasurer Matt Finfgeld, delinquent tax collector for the county, said some loan providers, eager to work up new agreements, redesign loan arrangements so marginal customers with limited resources qualify. Borrowers then discover their property taxes -- which they believed the bank was taking care of -- are delinquent.

For more, see Rise in Richland County delinquent property taxes another sign of housing crisis.

Go here for other municipalities dealing with delinquent real estate taxes. delinquent tax problem