Ask Experts Questions for FREE Help !
Ask
    srednas2430's Avatar
    srednas2430 Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 13, 2008, 09:09 AM
    How do I purchase a home by paying the back taxes when the owners are deceased
    I want to purchase a home that has been abandon for years. The people that own the property are deceased and there is no other relative listed. How do I go about getting this property without forcing it up for shriff sale. p.s I will like to purchase the property by paing the back taxes off,if I could.
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
     
    #2

    Nov 13, 2008, 09:19 AM

    Paying to own an abandoned house for back taxes is not as easy as it may sound. If you do get as far as finding out the rightful owners, you will probably find out it has lleins on it that need paying off as well. Of course, you will have to hire a lawyer to search the title for you before you commit to anything.

    Phone or visit the county office where on pays taxes. Could be they can help you.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Nov 13, 2008, 09:34 AM

    At some point, the county will take over the property and sell it at a tax sale. Generally such sales are auctions.

    Your best bet is to try and find the legal owner of the property and make them an offer before it goes to a tax sale.
    deedgrabber's Avatar
    deedgrabber Posts: 34, Reputation: 4
    Junior Member
     
    #4

    Nov 13, 2008, 01:06 PM

    I agree with the other posters. But since both parties are dead it's possible you won't be able to track down all of the heirs.

    In that case, your county might sell a lien on the property starting at the amount of taxes owed depending on your state. If you could buy this lien for a reasonable amount you could be pretty sure the property wouldn't be redeemed and you'd get clear title after a period.

    Not immediate gratification though, and you'll need an attorney.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #5

    Nov 13, 2008, 03:58 PM

    You can not just "pay the back taxes" you have to wait till the county sells it for taxes at a tax auction, and it will sell from there.
    Do you even know if there are back taxes owed ? If so how many years ?
    What you do is go to the tax office and see who the tax bills are being mailed to, and if they are current.

    You check the recorder of deeds and see whose name the deed is in.

    After that, there is nothing you can do except find the owner until the property is ready for sale by the tax department

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Deceased parent was on social security disbility and has back taxes [ 5 Answers ]

My father just passed away on September 6th of this year. He was on social security disability when he passed away and had received his back lump sum payment. Between the payments he had begun to receive and the lump sum payment he has about $10,000 in his bank account, I think. And according to...

Sell of deceased owners home [ 1 Answers ]

DECEASED homeowner property. I have power of attorney . Family wants to sell home now,but there is a unsecured loan on property. Can they seek payment after home is sold? Would I (power of attorney) be responsible to pay?

How do I just buy a house paying back taxes? [ 4 Answers ]

How do I just buy a house paying back taxes? What do I do to buy a house for just the back taxes?

Paying Back Taxes to Own a Property [ 1 Answers ]

I'm curious, do anyone happen to know what states have the shortest amount of time to redeem property purhcased at a foreclosure auctions. I know it varies depending on the state


View more questions Search