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| *Loan,banking and credit>>>property tax |
How tax seized, tax sales on properties actucally work? Detailed description please...? |
How tax seized, tax sales on properties actucally work? Detailed description please...? People dont pay their taxes... in some states, a lien is put against the house and the tax debt is paid when the house is sold, or if the owner dies, the estate pays before the heir get the house. In other states, the county takes the house for not paying the property tax over a period of time. It is VERY rare for a house to actually go to auction for failure to pay property tax.... and unlike what you see on TV, you dont get a 200k house for $500.00 The taxing agency files a lien on the property on which the taxes have not been paid, usually through the local county. The property is either seized or foreclosed through the courts, and sold at an auction. The taxing agency keeps the proceeds of the sale after satisfying any other outstanding judgments. |
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| estate tax import tax inheritance tax pay tax payroll tax property tax real estate tax sales tax service tax state taxes fair tax |
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