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    dlongworth's Avatar
    dlongworth Posts: 7, Reputation: 1
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    #1

    Feb 28, 2008, 08:36 AM
    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?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Feb 28, 2008, 11:11 AM
    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.
    campo elias's Avatar
    campo elias Posts: 2, Reputation: 1
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    #3

    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's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    Feb 29, 2008, 03:49 PM
    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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