Trending Topics

‘What Can You Do?’: Detroit Homeowner Shares Harrowing Story of Overtaxing Practice That Has Cost Over 100K People Their Home; City Will Not Pay For Mistake

In 2011, Detroit native Anna Bolden purchased her first home. She purchased the brick bungalow in a tax foreclosure auction for $4,800, according to the Detroit News. Yet when Bolden received her first tax bill from the Wayne County treasurer, her bill was $2,600, as if her home was valued at $57,000. 

Photo by The Lazy Artist Gallery from Pexels

“My taxes shouldn’t be this high,” Bolden told the Detroit News.  “My house was only $5,000, why am I paying this money?”

“I went down [to city and county offices] to ask questions, but it’s like everybody is giving you the runaround,” she added. “It makes you feel like they are cheating you…but what can you do?”

In the years that followed, Bolden’s home was assessed at a rate higher than its true value. Finally, in 2017, local tax officials lowered the value to $28,000, after the property was reappraised. 

Bolden, who currently owes the Wayne County treasurer at least $4,600 in back taxes, is scared she will lose her home to foreclosure. And she’s not alone. 

A recent analysis by the Detroit News and Reveal from The Center for Investigative Reporting found that Detroit’s tax assessment has led to homeowners being overcharged to the tune of an estimated $600 million after the assessment failed to decrease property values following the Great Recession. 

The Michigan Constitution makes it unlawful to assess properties at more than 50 percent of market value. However, Detroit city officials violated this law by assessing 55 to 85 percent of its property.

This overassessment has already resulted in 100,000 Detroit residents losing their homes. In response, Detroit’s City Hall has undergone a state-ordered reappraisal of properties in 2017, to correct the problem. However, the mistake has already been made as many faced foreclosure as a result of back taxes. And while Detroit is acknowledging its failure, there is little that can be done.  

While taxpayers do have the power to appeal, it is a lengthy process, housing advocates told The Detroit News. 

Read full story at Finurah here.

Gregory and Travis McMichael Withdraw Guilty Pleas After Judge Rejected Plea Deal; Federal Hate Crimes Trial to Start This Week: ‘It Could Get Ugly’

A Lack of Capital: Why the Booming Cannabis Industry Is Leaving Black Americans Behind

Houston Texans Considering Lovie Smith, Pep Hamilton Duo| Head Coach Lovie Has The Super Bowl Experience, Pep Is The Proven QB Guru


What people are saying

Leave a Reply

Back to top