Vesper Properties

thank you so much for commenting your concerns about this issue. Concerning the letters we send - that is something, as a company, we are working diligently towards changing. However, we feel you, alongside much of Denver, have been extremely misinformed. We send letters to those with delinquent taxes that the county themselves post on a website. It's public record. If the majority of people on their list are seniors maybe we should be asking ourselves why our elders are struggling to be able to pay their taxes? Maybe they are on a fixed income and aren’t making enough monetarily to cover them? Or maybe they have a spouse that has passed away who used to handle the finances so they aren’t aware of what needed to be paid. As a company, we’ve encountered both situations. Maybe the question should be why aren’t there recourses that are being given to them for assistance? And if recourses are available, why aren’t they informed of those? We aren’t targeting elders. We are trying to be a resource, and make it known. Are we the bad guys just because we are providing hope and options to people when no one else is? When your taxes go to auction, the lien matures for three years before the investor that purchased it can foreclose on your home. If sometime in that three years you are able to get the funds to pay them off then you pay the taxes, plus the interest. The big caveat here is that if you have had multiple years where you haven’t been able to pay, you can’t pay just one year to hold off the foreclosure, you have to pay all delinquent years plus the interest.
So, the real issue is the county is taking money but not working for it. Money is changing hands without goods or services being provided, and the little guy has to pay it and the county wins. We’re not saying property taxes are bad, they are essential for a community to function. They are funding necessary things such as roadways and schools. And when taxes aren’t paid the county budget does face a deficit, which is why the tax lien sale is implemented and is necessary. But, if someone can pay their taxes before their tax lien is sold wouldn’t that be a better scenario? The county still gets the money that they need to operate and the homeowner doesn’t lose their house. How awful would it be if the pride of a handful of people, who were able to remove themselves from the delinquent tax list, prohibited someone else from knowing they have options. A letter could never offend me enough to keep someone’s grandma, or the family barely getting by from knowing they have options. That they don’t have to lose everything, they don’t have to be evicted and have their homes sold out from underneath them. We know we can’t change the world but if we can keep one person from losing everything and giving them a fresh start, we’re going to do it. We won’t apologize for that.

thank you so much for your comment and concern on this topic. The issue of the letters we send is something that, as a company, we are working diligently towards changing. However, we feel that you, alongside many others in the Denver area, have been extremely misinformed. We send letters to those with delinquent taxes that the county themselves posts on a website - that is public record. If the majority of people on their list are seniors maybe we should be asking ourselves why our elders are struggling to be able to pay their taxes? Maybe they are on a fixed income and aren’t making enough monetarily to cover them? Or maybe they have a spouse that has passed away who used to handle the finances so they aren’t aware of what needed to be paid. As a company, we’ve encountered both situations. Maybe the question should be why aren’t there recourses that are being given to them for assistance? And if recourses are available, why aren’t they informed of those? We aren’t targeting elders. We are trying to be a resource, and make it known. Are we the bad guys just because we are providing hope and options to people when no one else is? When your taxes go to auction, the lien matures for three years before the investor that purchased it can foreclose on your home. If sometime in that three years you are able to get the funds to pay them off then you pay the taxes, plus the interest. The big caveat here is that if you have had multiple years where you haven’t been able to pay, you can’t pay just one year to hold off the foreclosure, you have to pay all delinquent years plus the interest.
So, the real issue is the county is taking money but not working for it. Money is changing hands without goods or services being provided, and the little guy has to pay it and the county wins. We’re not saying property taxes are bad, they are essential for a community to function. They are funding necessary things such as roadways and schools. And when taxes aren’t paid the county budget does face a deficit, which is why the tax lien sale is implemented and is necessary. But, if someone can pay their taxes before their tax lien is sold wouldn’t that be a better scenario? The county still gets the money that they need to operate and the homeowner doesn’t lose their house. How awful would it be if the pride of a handful of people, who were able to remove themselves from the delinquent tax list, prohibited someone else from knowing they have options. A letter could never offend me enough to keep someone’s grandma, or the family barely getting by from knowing they have options. That they don’t have to lose everything, they don’t have to be evicted and have their homes sold out from underneath them. We know we can’t change the world but if we can keep one person from losing everything and giving them a fresh start, we’re going to do it. We won’t apologize for that.