Chemical Bank has foreclosed on the building because the owner fell far behind in his mortgage.

The city will no longer take over ownership and management of buildings whose owners fall far behind on property taxes.

And he is quick to repossess cars whose owners fall behind on payments.

"The owner fell into difficulties and I was able to acquire it at an excellent price."

The city moves to take buildings when owners fall behind on taxes, sewer and water charges.

Under the current system, the city begins a foreclosure when owners fall behind in taxes for more than one year.

But come time to hire head coaches this year, the owners and the front offices have fallen back to a comfort level.

If an owner falls behind on the payments, the city is allowed to begin foreclosure.

If property prices fall its the owners, not the banks that will see a loss.

Its owner fell on top of it and became a corpse.