LILY MILLER
llymiller@yahoo.com
llymiller@yahoo.com
Aeon Financial, LLC, aka CapitalSource Bank fails to timely pay their own delinquent property taxes on property obtained via delinquent tax foreclosures.
STOP the property tax foreclosure thieves!
Aeon Financial, LLC, aka CapitalSource Bank, located in Chicago purchased thousands of delinquent property tax liens from Cuyahoga County and has filed nearly 2,500 property tax foreclosures since 2009
CapitalSource Bank aka Aeon Financial currently owns 84 properties in Cuyahoga County and they are delinquent in paying property taxes for all of their properties.
This company that foreclosed on property owners for failure to timely pay their property taxes does not pay their own property taxes.
Aeon Financial aka CapitalSource Bank owes Cuyahoga County tens of thousands of dollars in delinquent property taxes, yet the county continues to allow this company to foreclose on property owners for not paying property taxes.
This company owes nearly as much - if not more- than the original property owner owed in delinquent property taxes. A few examples below:
This company that foreclosed on property owners for failure to timely pay their property taxes does not pay their own property taxes.
Aeon Financial aka CapitalSource Bank owes Cuyahoga County tens of thousands of dollars in delinquent property taxes, yet the county continues to allow this company to foreclose on property owners for not paying property taxes.
This company owes nearly as much - if not more- than the original property owner owed in delinquent property taxes. A few examples below:
1. On February 18, 2011, Neal Wolf , the former owner of parcel # 110 20 029 , lost his property valued at $55,900 to this company for two delinquent tax liens in the amount of $ 957.39 and $1587.01.
CapitalSource Bank, presently owes $1,496.65 in delinquent property taxes.
2. On February 18, 2011, Arnold & Gloria Lockett , the former owners of parcel # 109 19 110, lost their property valued at $12,200 to this company for two delinquent tax liens in the amount of $2,737.64 and $2342.50.
CapitalSource Bank presently owes the County $ 8548.19 - which includes a demolition fee.
3. On February 18, 2011, Karen Pickard , the former owner of parcel # 113 21 013 , lost her property valued at $68,800 to this company for two delinquent property tax liens in the amount of $935.26 and $1,828.85 .
CapitalSource Bank presently owes the County $ 1,843.38 in delinquent property taxes.
.
CapitalSource Bank, presently owes $1,496.65 in delinquent property taxes.
2. On February 18, 2011, Arnold & Gloria Lockett , the former owners of parcel # 109 19 110, lost their property valued at $12,200 to this company for two delinquent tax liens in the amount of $2,737.64 and $2342.50.
CapitalSource Bank presently owes the County $ 8548.19 - which includes a demolition fee.
3. On February 18, 2011, Karen Pickard , the former owner of parcel # 113 21 013 , lost her property valued at $68,800 to this company for two delinquent property tax liens in the amount of $935.26 and $1,828.85 .
CapitalSource Bank presently owes the County $ 1,843.38 in delinquent property taxes.
.
4. On February 18, 2011, Darnell Shields , the former property owner of parcel # 111 01 080, lost his property valued at $49,500 to this company for a tax lien in the amount of $1,379.87 .
CapitalSource Bank presently owes $ 1,325.00 in delinquent property taxes.
5. On February 18, 2011, Mark Kotnik , the former property owner of parcel # 112 21 078 , lost his property valued at $69,500 for two delinquent tax liens in the amount of $1,074.80 and $1,148.17.
CapitalSource Bank presently owes $1,809.85 in delinquent property taxes.
6. On February 18, 2011, Tracie Lee, the former owner of parcel # 108-21-038, lost his property valued at $120,000 for two delinquent tax liens in the amount of $2,009.78 and $1,851.73 .
CapitalSource Bank presently owes $8490.42 in delinquent property taxes.
7. On February 18, 2011, Ricky and Ruth Taylor , former owners of parcel # 107-03-067, lost their property valued at $68,000 for two delinquent property tax liens in the amount of $2,074.95 and $1,926.82.
CapitalSource Bank owes $ 1838.68 in delinquent property taxes.
CapitalSource Bank presently owes $ 1,325.00 in delinquent property taxes.
5. On February 18, 2011, Mark Kotnik , the former property owner of parcel # 112 21 078 , lost his property valued at $69,500 for two delinquent tax liens in the amount of $1,074.80 and $1,148.17.
CapitalSource Bank presently owes $1,809.85 in delinquent property taxes.
6. On February 18, 2011, Tracie Lee, the former owner of parcel # 108-21-038, lost his property valued at $120,000 for two delinquent tax liens in the amount of $2,009.78 and $1,851.73 .
CapitalSource Bank presently owes $8490.42 in delinquent property taxes.
7. On February 18, 2011, Ricky and Ruth Taylor , former owners of parcel # 107-03-067, lost their property valued at $68,000 for two delinquent property tax liens in the amount of $2,074.95 and $1,926.82.
CapitalSource Bank owes $ 1838.68 in delinquent property taxes.
There is also very odd tax issues with several of their properties as detailed below. The County Auditor's office shows property taxes due for the 2009 pay in 2010 tax years. However, the records for the 2010 pay in 2011 taxes year shows a zero balance due, although no payment of taxes is shown in the county records. It appears the taxes were wiped off the books:
WOODS, JOEL WAYNE SR recently purchased the property, parcel # 113-29-011, address 17905 DELAVAN RD.
$15,044 sale price
$74,600 value assessed value $ 26,120.00
$0.00 taxes owed for 2010-11
$3,534.84 previous taxes for 2009 pay in 2010 appear to be wiped out.
644-12-027
25251 Shoreview AVE, Euclid, OH 44132
$0.00 taxes owed 2010 pay 2011
2,567.49 owed 2009 pay 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
119-29-067
2175 E 85 ST, Cleveland, OH 44106
$0.00 taxes owed 2010 pay 2011
$1,616.54 owed 2009 pay 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
121-20-079
02185 E 106 ST
$0.00 taxes owed 2010 pay in 2011
$600.98 owed in 2009 pay in 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
131-35-112
3672 E 54 ST, Cleveland, OH 44105
$0.00 taxes owed 2010 pay in 2011
$2,256.62 owed in 2009 pay in 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
The above cases are very suspicious with what appears to be disappearing tax arrears.
If the goal of Cuyahoga County is to collect property taxes and the county believed that selling delinquent tax liens was the solution, what happens when the tax lien company that now owns 84 properties obtained via tax foreclosures fails to pay their own property taxes? NOTHING
WOODS, JOEL WAYNE SR recently purchased the property, parcel # 113-29-011, address 17905 DELAVAN RD.
$15,044 sale price
$74,600 value assessed value $ 26,120.00
$0.00 taxes owed for 2010-11
$3,534.84 previous taxes for 2009 pay in 2010 appear to be wiped out.
644-12-027
25251 Shoreview AVE, Euclid, OH 44132
$0.00 taxes owed 2010 pay 2011
2,567.49 owed 2009 pay 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
119-29-067
2175 E 85 ST, Cleveland, OH 44106
$0.00 taxes owed 2010 pay 2011
$1,616.54 owed 2009 pay 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
121-20-079
02185 E 106 ST
$0.00 taxes owed 2010 pay in 2011
$600.98 owed in 2009 pay in 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
131-35-112
3672 E 54 ST, Cleveland, OH 44105
$0.00 taxes owed 2010 pay in 2011
$2,256.62 owed in 2009 pay in 2010
no payment shown on Auditor's website
18-FEB-11 transfer date
The above cases are very suspicious with what appears to be disappearing tax arrears.
If the goal of Cuyahoga County is to collect property taxes and the county believed that selling delinquent tax liens was the solution, what happens when the tax lien company that now owns 84 properties obtained via tax foreclosures fails to pay their own property taxes? NOTHING
COUNTY STEALS PROPERTY FROM STUNNED GRANDSON
By Dr. Laurie Roth
June 24, 2011
NewsWithViews.com
In part,,,,,
On December 7, 2010, Malik J. Tuma, attorney of record for Capitol source/fbo Aeon/tax lien law group, (now under investigation and lawsuit by Peter Nickels, Attorney General for the District of Columbia) filed a complaint to foreclose on Jeffrey’s right to redeem his property, even though his property had already been redeemed and revalidated as declared in the receipt issued by Baltimore County.
In talking further with Jeffrey about the actions of Aeon Financial to foreclose and sell off his property in a tax sale, a sinister thought came to my mind. Are we looking at the potential of organized crime here, where payments and agreements are ignored, homes and properties seized, then resold. The record shows in 2010 that Aeon Financial sold 8500 homes in tax sales. How many of these people had made payments and signed contracts that had been ignored, manipulated or refunded??? That is called stealing in my book.
link
http://www.newswithviews.com/Roth/laurie272.htm
By Dr. Laurie Roth
June 24, 2011
NewsWithViews.com
In part,,,,,
On December 7, 2010, Malik J. Tuma, attorney of record for Capitol source/fbo Aeon/tax lien law group, (now under investigation and lawsuit by Peter Nickels, Attorney General for the District of Columbia) filed a complaint to foreclose on Jeffrey’s right to redeem his property, even though his property had already been redeemed and revalidated as declared in the receipt issued by Baltimore County.
In talking further with Jeffrey about the actions of Aeon Financial to foreclose and sell off his property in a tax sale, a sinister thought came to my mind. Are we looking at the potential of organized crime here, where payments and agreements are ignored, homes and properties seized, then resold. The record shows in 2010 that Aeon Financial sold 8500 homes in tax sales. How many of these people had made payments and signed contracts that had been ignored, manipulated or refunded??? That is called stealing in my book.
link
http://www.newswithviews.com/Roth/laurie272.htm
According to County records: