Question Details

Charla Webb, Home Buyer in Belton, SC

is it true that you can purchase homes for the unpaid taxes owed on them if they go to auction?

Asked by Charla Webb, Belton, SC Sun Nov 4, 2007

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In theory that is true. But you have to ask yourself why would someone let their home be taken just for the unpaid tax amount? If the home has a mortgage on it the bank will make sure the taxes are paid so they can foreclose and not the county or state. When these tax sales take place it is for homes that are paid for and abandon. I don't think there are as many of those out there as the infomercials would have you believe.
0 votes Thank Flag Link Sun Nov 4, 2007
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