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Forclosure and taxes

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vhast Guest	Posted: Sun Dec 12, 2010 1:42 pm    Post subject: Forclosure and taxes Like 0 Dislike 0 If I let my home go into forclosure who is responsible for the property taxes? and for how long? What about if I were to abandon the property?
adonis Joined: 22 Oct 2005 Posts: 10542 Location: ALASKA 1086.66 Dollars($)	Posted: Sun Dec 12, 2010 8:13 pm    Post subject: Like 0 Dislike 0 Hi vhast, Once the property is foreclosed and sold off to a new owner, he or she becomes liable for the property taxes. If you abandon the property, then you will be responsible for paying the property taxes unless the lenders sells it off at a foreclosure auction. _________________ Procrastination is the enemy of your financial success

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