On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Real Estate Law on Jul 2, 2015.
The City of Philadelphia has taken an unusual step in its efforts to collect taxes owed on more than 98,000 properties. At the end of June, the city put hundreds of tax liens up for auction on the Internet. While investors did not exactly snap them up, officials said that investors bought 240 of the 865 liens available. (Initial reports put the number at 938).