I am selling my home in a short sale because I can no longer afford it and if it doesnt sell then I will be foreclosed on.
I dont have the cash to pay off the tax lien nor do I have another piece of real estate to move the lien to….so now what?
My husband just found out there is a tax lien from 2004 on his credit report (he and his wife were separated at the time and she had the house and didn’t pay) We looked on the city website and the only taxes listed as due are current for the year. If she was paying the taxes the following years would the payments have automaticaly gone to the old taxes first or could 2004 taxes still be due? Thanks..
I’m an experienced foreclosure investor, and generally know the risks of buying foreclosed properties at auction. However, there is a property I’d like to purchase that has a substantial tax lien attached to it, and I’m not sure how much I should take that into consideration. Exactly how often does the IRS exercise its redemption rights in foreclosed properties? Are there any particular factors that make the IRS more inclined to redeem a particular property?
My house has recently been placed on the market. I have never been late on a payment for my mortgage and I could refinance but, I am also going through a divorce. I would rather sell the house and try to get out from underneath it. I just received a notice from the Town that a Tax Lien is going to be placed on my property on May 1st. How is this going to affect me and the sale of my home?
My uncle sold his property to a man a couple years ago (owner finance). About a 1 1/2 yrs ago the man was arrested for growing pot on the property and the property was seized. Uncle had to wait a few months and the property was released back to uncle. Last month Uncle received a Tax Lien against the Property in the mans name. What should Uncle do? Is he responsible to pay tax to clear Property? Or is man responsible for Tax and Uncle can get Property cleared?
My uncle sold his property to a man a couple years ago (owner finance). About a 1 1/2 yrs ago the man was arrested for growing pot on the property and the property was seized. Uncle had to wait a few months and the property was released back to uncle. Last month Uncle received a Tax Lien against the Property in the mans name. What should Uncle do? Is he responsible to pay tax to clear Property? Or is man responsible for Tax and Uncle can get Property cleared?
We live in CA. I notice some foreclosures have a tax lien, but most don’t. I have heard that if the property has a tax lien, then the person’s credit is affected for 15 years. I have tried contacting the Tax people in the County, but they are useless. We are just curious if we don’t pay our property taxes b/c we are facing foreclosure (because of a job loss and an illness, so please don’t judge us) when will the taxes become liens against the credit, if ever?
This is about house property tax for 2006.
I bought a house in Feb/06. The courthouse automatically mails the tax bill to the person that owns in it Jan. every year- which this person is dead in this case. I didn’t know anything about it until I received a letter from TLS unlimited that they had bought the lien in May/07 at a the courthouse sale. The original tax bill was 0 now they want 50. They bought it in May/07.
My problem is the courthouse never notified me that I owed this tax because they sent it to the person that owned it in Jan and I didn’t buy it until Feb. They did send me a bill for 2007 and 2008 tax years and I paid them - so they had my address down. They just failed to take the time to look up the correct owner - which you would think they would have done when they sent out the delinquent notice?
Can I dispute the sale of this tax lien because I was never notified properly? And if I have to pay, is that an unreasonable amount for TLS Unlimited to charge?
The problem is that the courthouse sent the tax bill to the wrong person so it never showed up in my name-therefore it wasn’t on the 2007 and 2008 bills as being delinquent for 2006. They said they did put it in the paper- under the original owner’s name- that is the problem- I was never notified. The owner was actually a company that forclosed on the dead womans property.
I’d like a buy an income property and a home of my own.However, I would like to pay cash for a handyman special or a property that has a tax lien on it. I’d pay the tax lien off on it. Is there anyone out there that has experience in buying these kinds of properties?I thank everyone in advance for your kindness and advice.
I do not think the developer wants this condo so I don’t think he will pay the interest. He probably has a mortgage on it. Will I owe his mortgage when I eventually move in?
I live in a tax lien state. I would like to live and own this condo as cheaply as possible.
I am willing to wait a few years to live in this lovely complex.
I rent now.
Tax Lien Podcast