how many years does the state have to sell property for back taxes?
taxes are behind on my grandmothers house but she doesnt have the money to catch them up at once so how many years must be paid to keep them from selling it?
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Tags: Back Taxes, Property Taxes, State Property
sell property | , 21 Mar 10
By eskie lover, March 23, 2010 @ 8:29 pm
Years? In my state, property taxes are due twice a year at which time you may either pay it in full or half each time. Once you miss one payment a lien is put on the property, the second time an additional lien is then put on the property. Late fees and penalties accumulate with both liens. At the second time property taxes are delinquent, the county assessor can then file to auction off the property at the next regularly scheduled auction. The word “regularly” is important here because in our county they are not scheduled with regularity, they are scheduled when the county feels it has enough properties available for auction to make it profitable for all parties. If the owner or payee responsible for the property taxes can pay the liens, late fees and penalties BEFORE the property is listed for auction, you can retain ownership.
It would be worth checking out and paying the monthly fee or getting the free trial to determine the details of where your granny’s property is, status wise, with the county in which you live. Just put in the zip code and initially you will see the general status. You can obtain further information with the detail link. Good luck!
PS Try to contact the county assessor’s office in the county in which the property is located. Explain the details of the delinquency and perhaps they will have an arrangement you can make.
By davidmi711, March 26, 2010 @ 10:10 am
Technically they can take the property if you owe a dollar. You need to setup a payment plan with them pronto. Most of them will work with you, but you have to make the effort.
By Deborah W, March 29, 2010 @ 11:25 am
Contact your Trustee’s office and make arrangements to pay. They can tell you what it will take to catch up. Perhaps your grandmother could refinance her home and the taxes could be paid at closing and brought current. If she owns her house free and clear I would like to suggest a “Reverse Mortgage”. She can borrow against the equity in her home and not have to pay anything until she either moves away or dies. This is a program for seniors developed by the government, You have to be 62 years of age and above to qualify. You do not have to work and can be on fixed income. It will take thorough investigation as this program does not benefit everyone. Worth a try…my Mother-in-law just recently did it and paid off all of her bills and back taxes, plus she has a “cushion” for her pension.