City recently filed fifth mass foreclosure in 10 years
The city of Henderson is initiating its fifth mass foreclosure in the past ten years as part of an effort to clean up abandoned and dilapidated houses as well as return neglected lots to productive use.
According to a city release on Wednesday, the current filing includes 20 properties involving a combination of delinquent property taxes, code enforcement liens, or both. There are numerous reason why the properties end up in this predicament, including an owner being unable to maintain them, an owner who moves away or heirs having no interest in their inheritance, said the release.
Collectively, the properties are encumbered by approximately $291,500 in liens, largely arising from code enforcement actions and the demolition of condemned structures, along with approximately $14,800 in delinquent property taxes, for a combined total exceeding $306,000 sought through the foreclosure process, said the release…