Those are the words of Nebraska Supreme Court judge William Cassel dissenting in the case of Wisner v. Vandelay Investments. The case result was that the estate of a 90 plus widow ended up losing real estate worth over a million dollars due to unpaid real estate taxes of $50,000. Gladys Wisner owned 480 acres of Lincoln County, Nebraska real estate. In 2009 Gladys moved into a retirement community. In 2010, the real estate taxes became delinquent. In 2011, the county sold a tax certificate for the property. It yields interest at the rate of 14 percent. Because of that high rate, Nebraska has a very active market in these financial ...

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