Disabled Homeowners Avoid Property Tax Foreclosure Thanks to Donation from NTLA Foundation
SIERRA VISTA, Ariz., April 13, 2023 /PRNewswire-PRWeb/ -- NTLA Executive Director Brad Westover today announced a disabled Cochise County couple facing property tax foreclosure will retain ownership of their home thanks to a donation from the National Tax Lien Association (NTLA) Foundation. On March 24 Cochise County Treasurer Cathy Traywick accepted the donation on behalf of the couple and applied it to their outstanding tax obligation.
- SIERRA VISTA, Ariz., April 13, 2023 /PRNewswire-PRWeb/ -- NTLA Executive Director Brad Westover today announced a disabled Cochise County couple facing property tax foreclosure will retain ownership of their home thanks to a donation from the National Tax Lien Association (NTLA) Foundation .
- The Sierra Vista couple was experiencing extreme financial hardship when they failed to pay their 2018 property tax bill.
- In rare cases where the property owner is unable to repay their outstanding property taxes, the tax lien investor must file property tax foreclosure as a way to recoup their investment, as was the case in Cochise County.
- In addition to helping homeowners avoid losing their home to property tax foreclosure, the NTLA Foundation also helps them stay current on their most recent property tax bills.