Zombie Houses, viz. homes that have been abandoned, attract criminals, squatters, rapists and bums. Moreover, when a house is abandoned property taxes go unpaid and surrounding homes are devalued. Thus, Zombie Houses increase our tax burden and simultaneously diminish the quality of our lives. So let’s set the record straight and clear the air, says David Selig of Selig and Associates. First of all, people who borrowed money aren’t victims, they’re volunteers. No one forced them to borrow; no one made them default, and nobody told them to run away from their responsibilities. Secondly, our Elected Officials have done precious little to correct this problem. Thirdly, Banks aren’t to blame, and even if they were - they can’t fix the problem. However, if we take decisive action, this problem can be solved in 18 months.
1. Any property that is abandoned should be seized and auctioned off.
2. 90% of the sales price should go to the Mortgagee as a full and final satisfaction of their loan.
3. 10% would go to the County to cover its expenses.
4. Purchasers must agree to restore the home within 120 days or be fined $75,000 or forfeit the property.
Selig and Associates specializes in Tax Representation before the IRS and State.
We meet with each and every client personally in our conveniently located New York City Offices. Your initial consultation is legally privileged and absolutely FREE.
At Selig and Associates, every client is personally represented by a Federal Tax Practitioner and licensed Attorney.
Same day and emergency Appointments are always available and can now be scheduled Online.
When you’re in trouble with the IRS or State, you need a Vigorous Advocate to step in, stand up, and protect your rights.
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