Hosemann recruiting Realtors to market tax-forfeited property
by MBJ Staff
Published: June 18,2013
JACKSON — Secretary of State Delbert Hosemann is partnering with licensed real estate brokers in Mississippi to actively market tax-forfeited properties in the State.
“If you want property sold in Mississippi, you sell through a licensed Realtor,” says Hosemann. “The growing number of tax-forfeited properties in our state is an epidemic, and I can think of no one better than a licensed Mississippi Realtor to help us get these properties back into productive use.”
Currently, the Secretary of State’s Office holds over $66.2 million worth of property forfeited to the state for non-payment of ad valorem taxes. To accelerate the sale of these lands back in the hands of taxpayers, any licensed real estate broker in Mississippi may bid on marketing tax-forfeited lands in a particular county for an increased commission rate.
“Tax-forfeited lands are a drain on the community,” added Hosemann. “Placing these lands back in private ownership will generate more revenue for our cities and counties, while cleaning up potential eyesores. Realtors will be able to assist our agency in expediting the process.’
To sign up for Mississippi Business Daily Updates, click here.
2 Responses to “Hosemann recruiting Realtors to market tax-forfeited property”
Top Posts & Pages
- Jail kitchen supervisor pleads guilty to stealing food
- Warden who lives hundreds of miles from jail resigns
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- Ex-MDEQ leader Fisher joins Butler Snow
- Top 10 finalists chosen for C Spire Conerly Trophy
- State’s new banking chief Charlotte Corley has deep roots in the business
- DAVID DALLAS: Savor this Thanksgiving and be grateful
- Analyst: KiOR Columbus plant may end up sold as scrap
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- BankPlus recognized for alternative program to payday lending