A crippling wave of tax foreclosures is about to bore down on Detroit.
Nearly 15% of Detoit’s population – as many as 100,000 people – could lose their properties if they don’t soon pay delinquent taxes, according to an analysis by Loveland Technologies.
“Many are living in homes where their landlord should be paying taxes, but is not, and the homeowner may have no idea,” said Alex Alsup, chief product officer for Loveland.
Wayne County is beginning the foreclosure process on an unprecedented 62,000 properties. Roughly 37,000 of those are believed to be occupied houses, Alsup said, based on information gathered by the Motor City Mapping project, a survey of every parcel in Detroit.
Many of those property owners are expected to pay their taxes at the last minute, but many aren’t
The tech wizards at Loveland created this map of every property that is up for foreclosure. It is sobering.
The county is taking the unprecedented step of foreclosing on every property that is at least three years behind on taxes.
Steve Neavling lives and works in Detroit as an investigative journalist. His stories have uncovered corruption, led to arrests and reforms and prompted FBI investigations.