Delinquent Property Tax Bill

That was a bit confusing. You stated that you lost your home to the fire but you are worried that you are going to loose your home because of the tax bill. Did you rebuild after the fire or did you buy a new home. If you live in a different home than they cannot take that home in place of the old home that the tax lien was on. Sure a tax lien will have a very negative impact on your credit but once it is paid it will go away and no longer affect it. a little more info would really help us to help you with your situation...

Welcome cris.

I agree with Scott that Tax lien has a very bad affect on your credit report. By the way, you can request the collection agency to provide you a debt validation letter if you feel that they are asking more than what you owe to them.

I'm sorry for being confusing. I have been so frustrated. We bought a home and put it back on the land we lost the home on. I have contacted the tax company and they will not let us make payment arrangements. They have to have the money all at once. Our original tax bill amount was around $1100.00 and now its around $1900.00. I don't know what to do.

Hi cris,

Welcome back.

I think you should try to pay off the tax off. Otherwise it will have a very negative effect on your credit and even tax lien can be placed on your property. So pay it off ASAP.

BTW homeowners may get Homestead exemption if you are at least 65 years of age, or totally disabled.

Best of luck,
Larry

I have always had luck with making a payment arrangement with any taxes that I have owed, from local to federal I have owed them all at one time or another and they will make arrangements with you.

I can't imagine that they can not accept a reasonable payment plan offer. Who is telling you that they can not make the arrangement, I would find out who they answer to and go above them.

I would think that if you offered a reasonable offer they would have to take it. What state are you from? Are they really that strict? How old are the taxes there and how old is the bill?

It sopunds like he is in a state that sells the tax liens to investors. The investor (collector) is hoping that you will not redeem and they will have a real small chance at making life miserable on you... Get a small loan from your local bank and pay it off. Sell something and pay it off. Throw some stuff on EBay and pay it off.

You get the point do whatever it takes and pay the bill and move on they will let it grow if you dont.

Brian

my wife just passed away i am trying to take care of things. i just learned that a company called Tax lien Investments purchased our home on 5-21-07. for the tax year 2006. i was not aware of any of this i do not know what to do. when i called the company they were real vague with me. i do not have a clue at to what is going on. can anyone help me. billy

Hi Billy,

It seems that the property has been auctioned at a tax sale for outstanding property taxes and this investment company has bought it. How did you come to know that this company has bought the house? Have you checked the status of the current ownership of the home with the land records office? Does the title show the name of the company that is said to have bought the property? Even if they have bought the property in 2007, why have they not asked you to vacate the property yet?

I too am a victom of the vultures at tax ease investments.I failed to pay my 2007 property tax in crittenden county ky . the late tax amount was well under $400. when I first heard from tax slease they wanted over $700. I couldn't pay it. they would only accept full settlement. I thought well screw them let them put a lien on my place if they must.after several months they contacted my bank which holds my mortgage who paid it .less than a year passed and my bill went from under $400 to over $2200.my banker tells me this all is legal.

Hi jcarnill,

"...after several months they contacted my bank which holds my mortgage who paid it .less than a year passed and my bill went from under $400 to over $2200."

You mean your bank paid off the tax lien and they are now saying you have to pay them $2200 for it! But it's surprising that the bill can go from $400 to $2200 during the past 3 years. However, as far as I know, Tax Ease Investment has the right to purchase delinquent tax bills from the Govt. and they are legally allowed to charge interest on the tax bills and collect them.
But the interest for a period of 3 years should not be this much. I think you must ask for a detailed analysis of how and at what rate they have charged the interest. It seems you have been overcharged.

cris,

We are the same place as you are about this tax leinease investments. They will not take payments. They are taking us to court on the 4th of november and they want 3200. or they are going to try and take our home. Back in 2005 we just moved here and we did not get our tax bill because at the court it was a month before the wright address was found for our property. We had to get our mail at our old address until they found the address at our new property. well anyway, we did not know that the taxes had been sold to tax lein ease until 3 years later. we have alway paid our taxes. If you can get a loan and pay them if you can or get a law firm to help you. I want to help you because it sounds like you all do not need another berdan to deal with. also ask the tax ease lein if you can pay half maybe that will help!