Taxpayers Lose Out on at Least $11.25 Million, Homeowners and Banks Lose up to $80 Million in Little-known Foreclosure Process That Skips Sheriff’s Sales
This story was funded by a grant from the Pulitzer Center on Crisis Reporting
For years, Elliot Feltner’s father-in-law operated an auto body shop in Cleveland. Later in life, a stroke debilitated the old mechanic, and his care proved a heavy burden for Feltner’s wife, Linda.
Not long after burying her father, in 2009, Linda Feltner discovered her chronic cough was more than just bronchitis: it was cancer. She died three years later.
When Elliot Feltner finally sorted through the medical bills and the loss of his only family, he discovered the body shop property he inherited owed considerable back taxes, which he couldn’t afford. So he put the shop up for sale and told the county he’d use the proceeds to pay off the debt.
But after signing a buyer, the sale fell through because Feltner discovered the property had already been sold to the county land bank, he says without his knowledge.
“They called me one day and said you don’t own the property. Someone else does.