Wednesday, August 06, 2008

Baltimore Man's Home Sold In Tax Foreclosure For $500; City Claims Mistake, Will Void Sale

In Baltimore, Maryland, WBAL-TV Channel 11 reports:
  • A Baltimore man who claims a clerical error is the reason his home was sold out from under him for just $500 said it all could have been prevented. In east Baltimore, Jim Urbanski made the investment in 2006 and turned a shell of a house into a liveable home. But he got something he didn't bargain for: After renovating the house and renting it out, Baltimore city sold it, reported WBAL-TV. "I purchased the house for $45,000. It was sold for $497 at a tax sale," Urbanski said.

  • The city called the issue an unusual case and an obvious mistake, claiming the tax sale was being voided. Urbanski is waiting for the paperwork to prove it. "It's been an experience. I wouldn't want to do it again," he said.

For the story, see House Sold Out From Under Owner For $500 (City Sells Man's House For $500, Claims It Was Mistake).