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Lake County Council OKs ordinance to stop tax sale 'churn'

The Lake County Council voted unanimously on Tuesday in favor of an ordinance meant to help prevent properties from being repeatedly listed at tax sales without selling — a phenomenon known as “churn.” Tax sales seek buyers for properties whose owners have reached a threshold of property tax delinquency, and come in two varieties. A tax deed sale auctions off a property with the buyer . ....

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