21
Apr

Using a loophole in Georgia’s foreclosure laws, savvy investors are snatching houses away from taxpayers who get behind on bills, short-circuiting legal safeguards designed to help them keep their homes.
It’s done by putting claims against properties that are so swift and powerful they’re called “super liens.”
In the worst circumstances, investors can obtain a home for a fraction of its value. A super lien can leave homeowners with nothing, even if they had substantial equity.