Would you NOT think that delinquent tax status on any property would preclude a delinquent owner from buying a property from Fannie Mae?
Well, it just happened in my neighborhood and this time the guy didn't even bother to camouflage his name with an LLC - like good old Lucky Ogor!
http://www.cleveland.com/opinion/index.ssf/2013/07/fannie_mae_continues_to_traffi.html [2]
Pray tell also--How does a property with delinquent taxes transfer from one Lucky Ogor to Ikan Associates??? Mr. Ogor and his wife own a number of properties with tax liens, which they rent to Section 8 in the "city." Meanwhile, he and his wife have no problem paying the taxes on their Beachwood home...and yet, no one sold these liens to Plymouth Park...under the previous Treasurer Jim Rokakis.
| PARCEL ID | OWNERS NAME | HOUSE NUMBER | DIR | STREET NAME | CITY |
| 015-05-035 [3] | IKAN ASSOCIATES, INC. | 03288 | W | 30 | CLEVELAND |
| 009-10-012 [4] | IKAN ASSOCIATES, INC. | 02807 | HENNINGER | CLEVELAND | |
| 015-24-114 [5] | IKAN ASSOCIATES, INC. | 03309 | VIRGINIA | CLEVELAND | |
| 017-03-029 [6] | IKAN ASSOCIATES, INC. | 03120 | W | 90 | CLEVELAND |
| 017-03-030 [7] | IKAN ASSOCIATES, INC. | 03124 | W | 90 | CLEVELAND |
Links:
[1] http://realneo.us/content/writing-debt
[2] http://www.cleveland.com/opinion/index.ssf/2013/07/fannie_mae_continues_to_traffi.html
[3] http://realneo.us/image/SubmitThisForm(%22General.asp%22,%20%2201505035%22);
[4] http://realneo.us/image/SubmitThisForm(%22General.asp%22,%20%2200910012%22);
[5] http://realneo.us/image/SubmitThisForm(%22General.asp%22,%20%2201524114%22);
[6] http://realneo.us/image/SubmitThisForm(%22General.asp%22,%20%2201703029%22);
[7] http://realneo.us/image/SubmitThisForm(%22General.asp%22,%20%2201703030%22);