FORECLOSURE RELIEF FOR ROCKLAND MONEY-STRAPPED HOMEOWNERS by Ken Mahoney

FORECLOSURE RELIEF FOR ROCKLAND MONEY-STRAPPED HOMEOWNERS by Ken Mahoney

Some Rockland property owners who face foreclosure may have won some breathing room from the County Legislature. An estimated 500 Rocklanders are currently in danger of losing their homes for failure to pay county taxes. That’s more than ten times the normal number, thanks to the current economic slump. Current law offers a payback program – easier terms for homeowners who can deposit 20% of the taxes they owe. But county legislators voted last week to lower that buy-in amount to 5% through the end of this year.