Sierra Vista Couples experiencing financial hardship retain ownership of their homes.

Sierra Vista, Arizona., April 13, 2023 /PRNewswire-PRWeb/ — NTLA Executive Director brad westover Disabled announced today Cochise County The couple, who are facing property tax foreclosure, will retain ownership of their home thanks to a donation from the government. National Tax Lien Association (NTLA) FoundationMarch 24th Cochise County Treasurer Cathy Traywick We received donations on behalf of the couple and applied them to our outstanding tax obligations.

of Sierra Vista The couple were experiencing extreme financial hardship when they failed to pay their 2018 property taxes. in accordance with state law; Cochise County We sold our property tax obligations at our annual tax certificate sale. Guardian Tax Partners is a tax lien investment firm headquartered in the United States. Omaha, Nebraskapurchased a tax payment certificate and proceeded with the collection.

In the rare case that a property owner is unable to repay outstanding property taxes, a tax lien investor will be required to file a property tax foreclosure as a way to recover their investment. Cochise County.

“Of all the responsibilities that come with my job, property tax garnishment is the most difficult because I no longer have the legal capacity to help taxpayers keep their property,” he said. Traywick said. “The tax collection process weighs heavily on property owners, and sometimes there is no solution.”

in difficult situations like Cochise County, NTLA Foundation can help.

“When this unfortunate situation came to our attention, we helped the couple apply for assistance from the NTLA Foundation,” Westover said. We also reached out to Guardian Tax Partners, who generously donated funds.”

of NTLA Foundation is the only safety net of its kind in the United States, providing asset preservation solutions for homeowners in financial distress and serving as a resource for local governments and members of the National Tax Lien Association. The NTLA Foundation not only helps homeowners avoid losing their homes to property tax foreclosures, but it also helps keep them up to date with the latest property tax bills.

“We would like to thank the NTLA Foundation and Guardian tax partners for helping residents in times of need,” Traywick concluded. “And I encourage other government officials to keep the NTLA Foundation in mind as a possible solution for dire cases like this.”

About the National Tax Liability Association (NTLA)

The NTLA was founded in 1997 as a not-for-profit professional trade organization serving the tax sale industry. Dedicated to representing the interests of investors, lenders, service providers and government officials in tax lien sales and promoting the interests of these sales as reliable income for local, county and state budgets. I’m here. The NTLA provides networking and training opportunities in the tax lien industry and qualifications to become a Certified Tax Lien Professional, CTLP®.

See below for more information.

National Tax Lien Association (NTLA)

NTLA Foundation

Email: info@ntla.org

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pull a quote

“When tax lien investors purchase tax certificates for a reasonable return on investment, they help districts stabilize tax revenues. I think it’s a strangely beautiful dichotomy.”

media contact

brad westoverNational Tax Lien Association (NTLA), 1 5614492484, info@ntla.org, ntla.org

Source: National Tax Lien Association (NTLA)