If I pay delinquent property taxes , I have 2sisters &2brothers?

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If I pay delinquent property taxes , I have 2sisters &2brothers?

IS IT SOME KIND OF PAPER THAT CAN BE PREPARE

2007-09-26 07:53:06 · 3 answers · asked by Brenda R 1 in Business & Finance ➔ Taxes ➔ Other - Taxes

3 answers

If you pay delinquent taxes you get what is called a tax lien on the property. If it is ever to be sold they must pay you back first at the interest rate that you buy the taxes for which varies by area but I've heard it go as high as 16% in some areas. Good Luck

2007-09-26 07:56:51 · answer #1 · answered by helprhome 5 · 1⤊ 0⤋

If you just pay someone's delinquent taxes out of the blue, you have given them a gift. You get nothing in return.

2007-09-26 19:49:11 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 1⤋

I don't think you have written a complete question. Do you own the property in question or does someone else?

2007-09-26 17:35:24 · answer #3 · answered by Anonymous · 1⤊ 0⤋