Jon and Tony discuss House Bill 4219, it’s basically to outlaw counties from profiteering on tax sales. So you lose your house, you have an unpaid tax bill, sometimes it’s a large amount sometimes it’s $8.40. So the county forecloses, they sell the house at auction, and they get their $8 plus cost, and then they have a windfall of hundreds of thousands of dollars that they legally get to keep.

Avoiding Real Estate Turbulence