Foreclosure in 89102>Question Details

Brassandsass…, Home Buyer in Las Vegas, NV

My mother's house located in Lou KY is in foreclosure. Who is responsible for property taxes?

Asked by Brassandsassy600, Las Vegas, NV Sat Nov 10, 2012

House is to be sold at auction on Nov 13, 2012. There was nothing left in her estate. We tried to sell the house, but was unsuccessful.

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Your mother is responsible for property taxes until the home is sold at auction. At that time, usually the unpaid taxes become part of the new owner's closing costs. If the taxes are not paid when the new owner closes, they don't get a clear title and there would be a lien placed against the new property owner for the taxes. Sorry you couldn't sell the home. Why didn't you try a short sale many months ago before it got to this auction deadline?
0 votes Thank Flag Link Sat Nov 10, 2012
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