Oklahoma household sells for $100k at treasurer’s resale just times immediately after catching fireplace

THE VILLAGE, Okla. (KFOR) – A house damaged in a fireplace on Sunday was up for sale at the Oklahoma County Treasurer’s Resale this 7 days.

A guy purchased it for $100,000, but a person citizen voiced his problem for the reason that the purchaser did not know there was hearth harm.

The qualities at the sale are ones that haven’t had property taxes paid for four many years.

“I believe that the county treasurer’s office environment is corrupt,” Mike Reynolds, a anxious citizen, stated.

Reynolds finally served the guy get back his $100,000 back by having him pay out the property taxes from 2017. 

“I was sick for the gentleman to begin with, but we did what I believe is essential for him to recoup most of his funds,” Reynolds explained.

Oklahoma County Treasurer Butch Freeman suggests the business office merely follows the regulation.

“I am instructed that when this piece of property arrived up for sale, a person from the audience claimed that property has acquired fireplace damage. I have no concept, but that was mentioned. But then we continued the auction, and various persons continued to bid on it, and this gentleman paid $100,000,” he stated.

He also states it’s not aspect of the regulation to look at every single home.

“That is not the obligation we are statutorily specified. Our statutory responsibility is to acquire taxes, and if the taxes are 4 yrs in arrear, stick to up by offering the house to the highest bidder,” he mentioned.

Freeman also states the main rule is that consumers have to be conscious.

“That’s why when you come to the sale, 1 of the 1st detail you do is choose up a sheet of paper that provides the principles,” Freeman stated.

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“They explained, ‘don’t you know this is a buyer beware sale.’ If that is their protection, which is a horrible defense,” Reynolds stated.

The County Treasurer said the possession of the dwelling won’t adjust because some of the back again taxes have been paid. That usually means if the taxes are not paid out yet again upcoming yr, the dwelling could go up for sale all over again.

The Hearth Marshal is still investigating the result in of the hearth, but no 1 was within at the time.

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