Real Estate Investing
Tax Liens and Deeds
The county will place tax liens on a property that an owner has failed to pay by a specific date. If a property owner fails to pay his taxes they don’t just go away they will accumulate until they are paid and are considered delinquent.
If the taxes are not paid on real property it will be subject to be sold. Each state has set procedures to penalize property owners who are delinquent on taxes. Each state could have different procedures in place as well as each county.
Depending on the state or county the time period before the government will come after you ranges from six months to five years. The government will issue a tax certificate, usually interest bearing, and then sell the property at a public auction. Sometimes they will just sell the property.
Leave a comment | View Comments
Dave Simmons said:
Very good and useful information. Keep up the good work.
Panzer said:
Good site, admin.
Lexus said:
Good site, admin.
 Custom Search
BUILD MASSIVE LISTS of BUYERS and SELLERS Like Nothing You Have Ever Seen Before |
real estate investing Videos
Loading...
|
Real Estate Investing NewsInvestment OasisTroubled times for the global economy. Markets in disarray. House prices falling. With a new Administration transitioning into the White House change is definitely upon us. And by many accounts we haven't begun to see the end of it. Read more...Vigilant Investor » Blog Archive » Credit Bubble Blues…Few people discuss money supply these days when it comes to the economy and investing. Yet it once was a primary indicator of future performance. This complacency will very likely sneak up and bite the markets in a bad way. Read more...Investing: Real estate investment trusts risky, but show great returns - The News-Press
TEXT-S&P says European real estate should weather downside credit risks - Reuters
American Foreclosure Bottoms at Atlanta Tower Auction: Mortgages - BusinessWeek
|
