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re: Tax Title Sales?
Posted on 2/9/15 at 8:26 pm to bayouman
Posted on 2/9/15 at 8:26 pm to bayouman
That was my impression. What would be worst case at that point though? It seems like it should be an easy one... And if legally abandoned it's 18 months instead of 3 years
Lot used to have a blighted home but has been abandoned empty for years. Been collecting tax bills and fines for condition (seems a heavy one for maybe removing the old house?)....The debt is high enough that it's probably not a hot target.... Seems like it should be easy to win and claim ownership eventually....
Lot used to have a blighted home but has been abandoned empty for years. Been collecting tax bills and fines for condition (seems a heavy one for maybe removing the old house?)....The debt is high enough that it's probably not a hot target.... Seems like it should be easy to win and claim ownership eventually....
This post was edited on 2/9/15 at 8:27 pm
1
Posted on 2/9/15 at 9:39 pm to NoSaint
quote:
And if legally abandoned it's 18 months instead of 3 years
Property needs to be officially declared as blighted to be considered for the 18 month redemption period. You also should check to make sure there is no other liens on the property. If the local government tore any structure down or mowed the grass, etc. you may have a lien on the property. You also should check to make sure that the sheriff researched and attempted to contact all interested parties prior to the sale. Failure to provide adequate notice can nullify the sale. You will also have to send notice to the tax debtor during the three years. Not real sure about the timing of that notice but you will have to do it and show the court.
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