Property Taxes what happen if you dont paid them. Does the state buy the property tax bill,or do they sell the property? I own 50% of a property that is in estate should I paid the taxes, or wait until they are sold on the courthouse steps, than add fees to the estate? Oh yes has been in the court system for 2 1/2 years and has 16 heirs. Property Taxes are $400.00
2007-01-03 11:25:08 · 9 answers · asked by mycus2000 2 in Politics & Government ➔ Law & Ethics
A deed is kind of like a rental lease, if you dont pay, it isnt yours anymore!
2007-01-03 11:32:34 · answer #1 · answered by Anarchy99 7 · 0⤊ 0⤋
Pay the taxes or you will loose your interest in the property. In the process bear this in mind... What was once a sacred institution, a sovering right within a legitimate Republic, is now legal confetti. In most U.S. states you no longer own your property, you lease it from the state. I don't care how you spread peanut butter and jelly on it, we no longer enjoy private ownership of property in this country. Elderly property tax set aside? Neat, and if the taxes can't be paid by the heirs the state takes it when you die...Wheee...
2007-01-03 11:52:48 · answer #2 · answered by Gunny T 6 · 0⤊ 0⤋
$400.00? Pay the taxes now and get a clear title so this property can be sold. The government could confiscate the property and sell it for taxes owed.
I hope someone answers and tells you you could be the one to buy the property for taxes owed but can't imagine that.
2007-01-03 11:30:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you are the executor of the estate, then it is your responsibility to pay the taxes, to prevent the property from becoming encumbered. You have the right to deduct this money from the sale of the property, if you do not have funds in the estate at the moment.
2007-01-03 11:34:00 · answer #4 · answered by Beau R 7 · 0⤊ 0⤋
Usually it is the Country that will offer a Tax Lien for sale. A mortgage holder will often purchase it to protect their investment. It varies from state to state, but there is usually a gaurenteed interest rate on the money. After a year, you can foreclose on the lien and sell the property to get your money back.
Do a search on Tax Lien for the county in question.
2007-01-03 11:36:16 · answer #5 · answered by Aggie80 5 · 1⤊ 0⤋
The property can be taken away and sold then you all lose out if you pay the taxes you can make the others pay you back their share of the cost.
2007-01-03 11:28:25 · answer #6 · answered by Angelz 5 · 0⤊ 0⤋
if you don't pay your property taxes they can take your property and sell it for the taxes
2007-01-03 11:30:13 · answer #7 · answered by glamour04111 7 · 0⤊ 0⤋
the state, county takes your property. and sells it for the money you owe.
2007-01-03 11:28:38 · answer #8 · answered by monreda 4 · 0⤊ 0⤋
The government will hire a bounty hunter to kill you off.
2016-03-29 06:32:23 · answer #9 · answered by Anonymous · 0⤊ 0⤋