On Wed, 26 Jul 2006 20:12:02 GMT, Edwin Pawlowski wrote:



wrote in message

The new owner of the property when the city sells it on a tax lien,
usually taxes plus interest.
They don't lose money on taxes unless the property is worth less than
the back taxes and they try to intervene before that. In Florida the
tax man gets his money every year. He just sells the debt. The guy
holding the certificate is the one who ends up with the lien.

None of that happens for free, plus there is less cash flow for the town
NOW. Life is still best when we all do our part. On time.

Even better for the town; they simply calculate the interest and tack it on.