Preventing Property Tax Foreclosure
In this insightful interview, Dave Sullivan of People Driven Credit Union engages with Robert Wittenberg, the Oakland County, MI Treasurer. Delving into the intricacies of property tax foreclosure, Robert elucidates proactive measures aimed at preventing foreclosures through meticulous notification and tailored repayment strategies.
Moreover, he sheds light on the streamlined online foreclosure auction process, emphasizing the significance of early engagement and seeking assistance to navigate tax obligations effectively. This engaging conversation underscores the importance of understanding tax dynamics and accessing support resources when confronting such challenges.
An Interview with Oakland County, MI Treasurer, Robert Wittenberg
Dave Sullivan: Hello, everyone! I’m Dave Sullivan, part of the marketing team at People Driven Credit Union. Today, we’re joined by Robert Wittenberg from Oakland County. Robert, you’re the Oakland County Treasurer, right?
Robert Wittenberg: Yes, that’s correct.
Dave Sullivan: And this is an elected position that you’re currently running for again?
Robert Wittenberg: Exactly. I was first elected in 2020 and am up for re-election this year.
Dave Sullivan: I assume this presentation might impact your campaign. Today’s topic is property tax foreclosure, something we hope most people don’t face. Can you also talk about buying tax foreclosures?
Robert Wittenberg: Absolutely. It’s timely, as the foreclosure deadline just passed. I’ll explain the foreclosure process, a three-year timeline, and our goal to prevent foreclosures. For instance, taxes from 2022 will be subject to foreclosure in 2025. We notify property owners and encourage payments or repayment plans to avoid foreclosure.
Dave Sullivan: If someone doesn’t pay their taxes, say in 2024, they would be transferred to your office by 2025, with a foreclosure deadline in 2027, correct?
Robert Wittenberg: Exactly. We notify, add fees, and interest, trying to avoid reaching foreclosure. Our office is not just about foreclosure but helping people to pay their taxes.
Dave Sullivan: Could you also discuss the foreclosure auction process and how one can participate?
Robert Wittenberg: Sure. The auction is online, and participants can bid on properties. We started this digital process in 2022. Winners are notified shortly after the auction to complete their payments and acquire the property.
Dave Sullivan: Can people follow your election campaign or get more information on these topics?
Robert Wittenberg: Yes, they can find information on our website or contact my office directly. I encourage people to reach out early for assistance with tax issues to explore all available options.
Dave Sullivan: Thank you, Robert. It’s important for people to know there are options and assistance available, including potentially from People Driven Credit Union.
Robert Wittenberg: Absolutely. Early engagement is key. We’re here to help and work with individuals on their unique situations.
Dave Sullivan: Thanks again for your time, Robert, and good luck with your campaign!
Robert Wittenberg: Thank you, Dave. It was great speaking with you and to everyone watching.
Early Engagement Is Key. Do Not Wait.
As Treasurer Wittenberg made clear, the sooner you act on a tax issue the more options you have. Whether you need to contact Oakland County directly, talk to a financial counselor, or explore your home equity, here is where to start.
Contact Oakland County Treasurer
If you have delinquent property taxes in Oakland County, reach out to Treasurer Robert Wittenberg’s office directly. Repayment plans are available and early contact gives you the most options before foreclosure proceedings begin.
Talk to a GreenPath Counselor
If you are facing financial hardship that has made it difficult to keep up with property taxes, GreenPath Financial Wellness offers free, confidential counseling for PDCU members. Call 877-337-3399 to get started. No judgment, just help.
Explore Home Equity Options
If you have equity in your home, a PDCU home equity loan or line of credit may be an option to help cover back taxes and protect your property. All loans subject to credit approval and membership eligibility.
This content is for informational purposes only and does not constitute legal or financial advice. Consult an attorney or financial advisor before making decisions about property tax obligations. All loans subject to credit approval and membership eligibility. GreenPath Financial Wellness is a nonprofit organization. Services available to PDCU members at no cost. Federally insured by the NCUA. Equal Housing Lender. NMLS #776727.
