Will unpaid property taxes affect my FICO score?

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Will unpaid property taxes affect my FICO score?

I have a vacant lot in the city which has no value. If I let it go back to the county for unpaid taxes will it affect my credit score?

2007-07-02 11:18:05 · 3 answers · asked by Kelly 1 in Business & Finance ➔ Taxes ➔ Other - Taxes

3 answers

If the city brings a judgment against you for unpaid taxes, it will go into the "public records" section of your credit report, and it can affect your score. Other things like leins, bankruptcy, child support and alimony that are in arrears, and deficiency judgments are also in that category.

2007-07-02 13:17:59 · answer #1 · answered by Blondielaw 2 · 0⤊ 0⤋

Yes, although you can ask the county office if you can do anything about this.

2007-07-02 18:35:25 · answer #2 · answered by Marissa Di 5 · 0⤊ 0⤋

Probably so, if it gets reported.

2007-07-02 18:33:15 · answer #3 · answered by Judy 7 · 0⤊ 0⤋