Posted on: 29th Mar, 2009 05:32 am
I hold the mortgage on a piece of property which may be sold for back taxes unless they are paid in one month. Should I pay the taxes? Would the new owner also owe what is due me?
So you have the ability to pay the taxes but are choosing not to?
YES !! Pay your taxes ! Your home will be sold. The taxes will be paid first and the rest of the money will go towards paying off your mortgage.
You are not going to get anything
YES !! Pay your taxes ! Your home will be sold. The taxes will be paid first and the rest of the money will go towards paying off your mortgage.
You are not going to get anything
Hi billieslane,
I agree with Eric. If you are capable of paying off the taxes, do pay them off. This would help you in saving the property as well as your credit.
I agree with Eric. If you are capable of paying off the taxes, do pay them off. This would help you in saving the property as well as your credit.
