Unpaid Real Property Tax of Former Owner

Posted in QA on June 20th, 2011 by admin | No Comments »

Question: I recently bought a foreclosed property, and found out the former owner has yet to pay 3 years worth of realty estate tax. Will I have to pay that or will it be forfeited and I just have to pay the current one? Thanks! Answer: As most foreclosed properties are sold on an “as is where is basis”, the answer is yes. Unless you have... ...read the full story

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