NYC Has Been Selling Unpaid Water Bills to Private Investors Who Foreclose on Your House | Daily Tesla News

For 30 years, NYC has sold unpaid property tax and water debt to private investor-backed trusts who collect with added fees and interest, and can foreclose on your home. The city just paused the entire tax lien sale program for six months while a replacement system is reviewed. Here is what homeowners need to do right now to protect themselves.

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Daily Tesla News is your daily dose of NYC real estate news that actually matters. Covering Staten Island and Brooklyn markets, policy changes, and homeowner tips.

Brought to you by Joseph Ranola, 65+ 5-star Google reviewed real estate agent covering Staten Island and Brooklyn.

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