Monday, January 23, 2006

Number of Borough Foreclosures Unexplainably Double from Past Year

KodiakDailyMirror.com :: Daily newspaper of Kodiak, Alaska: "Early this month the Kodiak Island Borough filed its yearly list of foreclosed properties with the Superior Court of the State of Alaska. This year�s list came with a surprise � the number of foreclosed properties more than doubled over last year.
The foreclosures list outlines which property owners failed to pay borough property taxes and on which properties during the previous year. The list for 2004 included 212 properties. The list for 2005 had 427.
Borough Manager Rick Gifford said that although the numbers look startling, 2004 had fewer foreclosures than some prior years. "
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