ZLS Recovery Solutions
Helping individuals reclaim what they may not even know they lost.
Tax Sale
When an individual owns property, the county or State will access property taxes. These are yearly fees that the homeowner must pay to the State. In the event the taxes are not paid, the State will sell the property under a Tax Lien, and a the buyer of the property gets a Tax Deed, while the owner then is forced out.
Foreclosures
In a foreclosure, the loan on the property becomes too much for the owner to manage, due to changes in one’s financial position or certain hardships that may come up. After the foreclosure process, the bank, typically acting as trustee, sells the property and issues a “Trustees Deed Upon Sale”.
Watch this short introduction to see what you can do if you are in this situation.