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County treasurer outlines foreclosure timeline and penalties; residents press for transparency in property sales
Summary
Treasurer David Collin and economic development staff briefed the committee on property sales and the foreclosure process, explaining a statutory timeline that delays foreclosure actions and noting penalty/interest revenue. Residents raised concerns about fairness and transparency in how foreclosed properties are sold.
Milwaukee County staff briefed the committee on year‑to‑date county property sales and the foreclosure process, answering repeated questions from supervisors and members of the public about timelines, penalties and how the county selects buyers for foreclosed property sales.
Economic development staff presented a property inventory and said staff are preparing several sites for disposition, reporting 12 sales year‑to‑date (seven residential homes and five vacant or commercial parcels). Emily Strep, project manager in economic development, said title searches are underway for a list of foreclosure candidates the treasurer provided and that questions on foreclosure timing should be directed to the treasurer’s office.
Treasurer’s briefing on process and penalties
Milwaukee County Treasurer David Collin explained that state law requires a statutory delay between the county receiving unpaid tax bills and filing foreclosure actions. He said county practice is to wait the period…
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