Georgia Redemption Changes Proposed
There are currently at least three bills before the house that will drastically change the redemption amount and require investors to register with the state. I recommend any ga investors contact their reps to oppose the bills. They want to change the amount to 20% of the taxes due or $500 whichever is greater in addition to other redemption hurdles.
There is a dirty politician in Fulton County, Ga who regularly is delinquent in his taxes and have been the force behind these tax law changes in Georgia. Someone in the media should pick up on this and make a stink out of it. Of course, they may be in his pocket too, which is why it has gone on for the last few years!
Richard