can you buy a second home if you have 1 year of back property tax on your first home using fha?

Asked by Perry Rivera, santa cara Sat Aug 30, 2008

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Franklin Bla…, Agent, New York, NY
Sun Aug 31, 2008
Perry,

Phil is giving you "great" advice. The truth is, however, if your credit is clean, you have the appropriate funding and financial approvals for the purchase in place, yes you can buy any home you want.
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Phil Svendsen, , Huntington, NY
Sat Aug 30, 2008
I can't comment on the strict legal aspects of the back tax matter/issue however I would suggest that you tie up the loose ends of your property tax situation before you attempt new financing. I think mortgage and government people are looking a little harder at borrowers these days.
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Jaishree..Ja…, Agent, Woodbury, NY
Sat Aug 30, 2008
Please check with your mortgage broker, it will show on your credit. Also penalty for not paing taxes on time is very heavy. Good luck...
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