i would like to know because,iwant to start fixing it .
2006-06-19 17:20:21 · 4 answers · asked by Scott S 1 in Business & Finance ➔ Taxes ➔ United States
In Texas you do. Here, the redemption period ranges from 6months to 2 years; depending if it was a homestead. During that time, the original owner can come back and pay any back taxes but has to give YOU something like 20% premium of the purchase price. So, you'd get your money back from the county and a little extra.
You'll lose any improvements you do to the property, so you need to wait till redemption period ends.
Check with your county clerk or whoever is in charge of tax sales about redemption period.
2006-06-26 03:01:47 · answer #1 · answered by Iloveitwhenyoucallmebigpoppa 2 · 0⤊ 0⤋
If you purchased it at a tax sale then you are the new owner and it is your responsibility to pay the taxes and fix up your new place.
2006-06-20 00:36:49 · answer #2 · answered by fastsaf 3 · 0⤊ 0⤋
I think by the time the property has gone to sale, he no longer has any rights to it.
But check with the tax assessor's office in your city.
2006-06-20 00:23:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No you do not. Once it goes to auction the owner has given up their right to the property through forfeiture.
2006-06-20 00:24:47 · answer #4 · answered by cyanne2ak 7 · 0⤊ 0⤋