Sunday, November 7, 2010

Unpaid taxes on foreclosure investments take toll | lansingstatejournal.com | Lansing State Journal

Unpaid taxes on foreclosure investments take toll | lansingstatejournal.com | Lansing State Journal: "The first time Josh and Casey Witter saw the house at 705 N. Walnut Street, it had rooms filled with trash, a kicked-in front door, a kitchen without a single appliance.



The house had gone through foreclosure at the end of 2007 and ended up in the hands of a Utah company called Go Invest Wisely, which buys and sells foreclosed homes. It was hardly a dream house, but it was one they could afford. The ad on Craigslist said they could rent to own.

'We got into the deal because, obviously, we were trying to fix our credit,' said Casey Witter. 'This was a good investment for us. We were able to invest in the community plus try to get a home for our family.'"

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