View Full Version : Property taxes
dlongworth
Feb 28, 2008, 08:36 AM
What happens if you can't pay your property taxes for the previous year and then the house is foreclosed on? Are they able to file a lien on another piece of property that you own? Or does the bank who forecloses assume responsibility for the taxes?
JudyKayTee
Feb 28, 2008, 11:11 AM
What happens if you can't pay your property taxes for the previous year and then the house is foreclosed on? Are they able to file a lien on another piece of property that you own? Or does the bank who forecloses assume responsibility for the taxes?
I believe (calling Lisa, calling Lisa!) that property taxes lien against the property so they become the responsibility of the bank, which pays them. If you purchase a property which has a tax lien you (as purchaser) become responsible for paying the taxes.
campo elias
Feb 29, 2008, 01:40 PM
I have a hause is for forcloser 1er mortgage is 392,000.00$ 2do. Mortgage is 90,000.we have a offer of 453,000.00 I will be in red with the bank about 75,000.00 $ they has to pay real estate commission, taxes,etc. my question is ,if the bank come after mine hoause where I live, I have homested in this house. House for forcloser was buy to sell it we lost money canot sell it
JudyKayTee
Feb 29, 2008, 03:49 PM
I have a hause is for forcloser 1er mortgage is 392,000.00$ 2do. mortgage is 90,000.we have a offer of 453,000.00 I will be in red with the bank about 75,000.00 $ they has to pay real estate comission, taxes,etc. my question is ,if the bank come after mine hoause where I live, I have homested in this house. house for forcloser was buy to sell it we lost money canot sell it
I don't understand if you are answering the question or asking a new question -
If this is a new question it should be in a new thread. What are you trying to find out?