tax laws enforcement

Sale of Tax Delinquent Properties made Philly $500K This Morning

Today I participated in the City of Philadelphia's Sheriff Sale of Tax Delinquent properties. Have you been? This is my fourth sale, and today I started keeping notes.

Number of properties for sale: almost 100
Total sold: 49
Total sale revenue: $558,000

Property spotlight: 1124 S. 48th Street
Number of years tax delinquent: 23*
Total tax principal owed: $47,653
Total Tax Balance: $98,646
Today's sale price: $11,600
Year City tore structure down**: 2007

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