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-   -   Property taxes (https://www.askmehelpdesk.com/showthread.php?t=189215)

  • Feb 28, 2008, 08:36 AM
    dlongworth
    Property taxes
    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?
  • Feb 28, 2008, 11:11 AM
    JudyKayTee
    Quote:

    Originally Posted by dlongworth
    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.
  • Feb 29, 2008, 01:40 PM
    campo elias
    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
  • Feb 29, 2008, 03:49 PM
    JudyKayTee
    Quote:

    Originally Posted by campo elias
    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?

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