Posted by Toki Swan on April 13, 2008 at 15:29:46:
I am interested in the above information. Please send me step by step on how to obtain property.
tax lein and purchasing property - Posted by Christina Seals
Posted by Christina Seals on August 04, 2007 at 08:21:43:
can you purchase a property that taxes have not been paid on and how do you do it.
Re: tax lein and purchasing property - Posted by potter.mark05:35 11 05 07
Posted by potter.mark05:35 11 05 07 on November 05, 2007 at 17:45:02:
tax lein homes and property
And the recording issue - Posted by John Merchant
Posted by John Merchant on September 02, 2007 at 19:38:35:
I’ve not tried it and don’t remember seeing it in any state’s statutes (you don’t say what state’s it in) but I doubt any county recorder’s office would record it without proof of their RE taxes being current.
The county recorder could tell you about that.
Also, as Bill H has said here, you wouldn’t get title ins. or refi without paying them.
Re: tax lein and purchasing property - Posted by Bill H
Posted by Bill H on August 05, 2007 at 18:33:56:
Simplistic answer is YES. You can purchase a property with any liens against it that you wish.
It is NOT ADVISABLE in most cases. Somebody has to pay the liens. When you buy subject to the existing liens and encumberances…that somebody…is YOU.
So, yes you can buy subject to the taxes NOT being paid. You probably will be unable to get title insurance or refinance. Lenders and title companies do not like taxes being unpaid.
Good LUck,
Bill H
Re: tax lein and purchasing property - Posted by Robert-TX
Posted by Robert-TX on August 05, 2007 at 15:01:13:
In Texas, if you buy property at a tax foreclosure sale, the proceeds of your purchase price will be used to pay the taxes in arrears. If you buy property from an individual, the taxes in arrears will be on Schedule C of your Title Committment, and these are usually charged against the seller’s proceeds at closing. Taxes for the current year will be billed at the end of the year, and at closing, the seller will pay the prorated portion which the seller owes from January 1 to the closing date.
The best answer to this will be from a real estate attorney or escrow agent. I am not an attorney.
Re: tax lein and purchasing property - Posted by sarah johnson
Posted by sarah johnson on February 21, 2008 at 06:38:08:
I would like to check to see if there is a lein on some property I am about to buy
Re: tax lein and purchasing property - Posted by Jennine Fullmore
Posted by Jennine Fullmore on February 08, 2008 at 12:25:46:
I’am interested in purchasing a taxlein home and would like more information on how to purchase and the necessary steps to take to attain a home.