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Seeking informatiom on real estate taxes

Posted on: 27th Jan, 2008 10:08 am
I have own 2 real estate properties.I have had to close my business in 2007.I have not been able to stabilize financially . I owe property taxes for year 2007 on both properties. I am current on mortgages. Do I have any recourse, is there any assistance or contacts ?
Hi jrrichard,

Welcome to the forum.

I think you need to pay the Property Tax ASAP. For the non payment of the Property tax lien may be placed on you property and this lien will be the primary lien to your property. Tax lien will get priority than the mortgage lien and if the property is sold then the tax lien will be sold first although mortgage is a secured lien.

Feel free to ask if you have any further questions.

Best of luck,
Larry
Posted on: 23rd May, 2008 01:38 am
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