Join the Effort to End Home Equity Theft
From 2014 to 2021, 8,600 homes and more than $780 million in savings were lost to home equity theft1.
When an individual falls behind on their property taxes, no matter how small the debt, home equity theft allows state and local governments to seize the property and keep the full sale amount, beyond what they are owed in taxes, interest and penalties.
In the case of Tyler v. Hennepin County, the government seized 94-year-old Geraldine Tyler’s property and sold it for $40,000, paid off her accumulated debt of $12,700 and kept the remaining equity, leaving Tyler with nothing.
Regardless of the decision on this case, it is time to end home equity theft in all forms. The Alliance is a non-partisan, nonprofit organization that works to improve property owner protections and this is one of our top priorities. Show your support for ending home equity theft by signing the pledge!
Homeownership is a major component of wealth building and upward mobility, and action must be taken now to improve access to homeownership. This starts with bolstering financial education and advancing housing policy solutions to set up first-time buyers for success. Show your support for first-time home buyers by signing the petition!
Take the Pledge
The practice of home equity theft robs homeowners of equity they have built over a lifetime. The government should not be allowed to take more than what it is owed in taxes, fees and penalties. This is why I’m joining The Alliance and people across the country in pledging my support to end home equity theft in all forms.
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About the American Property Owners Alliance
The American Property Owners Alliance (The Alliance) is a nonpartisan, non-profit organization created to protect and support property owners and pave the way for future property owners. Our mission is to educate property owners about federal issues, laws and policies; to advocate for owners’ rights and interests; and to mobilize, when necessary, to secure those rights and interests.