Comments on: A tax lien certificate purchaser is threatening to foreclose, what can I do? http://taxlieninvestingnews.com/questions-and-answers/a-tax-lien-certificate-purchaser-is-threatening-to-foreclose-what-can-i-do/ Current news on Tax Lien Investing Sun, 20 May 2012 15:21:22 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Cheryl G http://taxlieninvestingnews.com/questions-and-answers/a-tax-lien-certificate-purchaser-is-threatening-to-foreclose-what-can-i-do/comment-page-1/#comment-135 Cheryl G Fri, 03 Jul 2009 20:54:26 +0000 http://taxlieninvestingnews.com/questions-and-answers/a-tax-lien-certificate-purchaser-is-threatening-to-foreclose-what-can-i-do/#comment-135 Someone has purchased your property for the amount of overdue taxes. You have a certain period of time to pay the taxes and regain title to your property. The time period varies from jurisdiction to jurisdiction and can run anywhere from 15 days to one year. You should have received a notice telling you of all this. It was your duty to advise the county or city of your new address. Contact the state, county or city in which the property is located and find out what your outstanding tax bill is. Don't take the investor's word for it. If you want the property, you'll have to pay the back taxes plus any late fees, etc. You must pay the amount directly to the state, county or city, though. Do NOT pay anything to the investor under any circumstances. If you don't want the property, just let it go. Contact your lender and see what your liability is. Sometimes the "investor" must assume all debts and liens against the property. Otherwise, that will be your responsibility. Someone has purchased your property for the amount of overdue taxes. You have a certain period of time to pay the taxes and regain title to your property. The time period varies from jurisdiction to jurisdiction and can run anywhere from 15 days to one year. You should have received a notice telling you of all this. It was your duty to advise the county or city of your new address.

Contact the state, county or city in which the property is located and find out what your outstanding tax bill is. Don’t take the investor’s word for it. If you want the property, you’ll have to pay the back taxes plus any late fees, etc. You must pay the amount directly to the state, county or city, though. Do NOT pay anything to the investor under any circumstances.

If you don’t want the property, just let it go. Contact your lender and see what your liability is. Sometimes the "investor" must assume all debts and liens against the property. Otherwise, that will be your responsibility.

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