Property Taxes Owed Foreclosure thumbnail

Property Taxes Owed Foreclosure

Published Feb 01, 25
3 min read


It's normally an attorney or a legal assistant that you'll end up talking to (tax deed sale states). Each area of course desires various details, but in basic, if it's a deed, they want the project chain that you have. The most recent one, we really foreclosed so they had actually titled the act over to us, in that case we submitted the action over to the legal assistant.

For circumstances, the one that we're needing to wait 90 days on, they're ensuring that no person else can be found in and claims on it - tax property sales. They would do more research, however they simply have that 90-day duration to ensure that there are no cases once it's closed out. They process all the documents and make sure every little thing's appropriate, then they'll send in the checks to us

Government Tax Property Sales

Hidden Tax Sale CashTax Lien Sale


One more simply thought that came to my head and it's occurred as soon as, every now and then there's a duration before it goes from the tax department to the general treasury of unclaimed funds (excess proceeds). If it's outside a year or more years and it hasn't been claimed, maybe in the General Treasury Department

If you have a deed and it takes a look at, it still would certainly be the same procedure. Tax Excess: If you need to retrieve the tax obligations, take the home back. If it doesn't market, you can pay redeemer tax obligations back in and get the property back in a clean title. Concerning a month after they authorize it.

Once it's approved, they'll claim it's going to be two weeks because our audit division has to refine it. My favorite one was in Duvall Region.

Delinquent Tax Deed SaleTax Deed Sale States


The counties always react with saying, you do not need an attorney to fill this out. Anyone can load it out as long as you're a representative of the company or the proprietor of the home, you can fill out the documentation out.

Florida appears to be pretty contemporary as far as just scanning them and sending them in. mortgage foreclosure surplus funds. Some desire faxes and that's the worst since we have to run over to FedEx simply to fax stuff in. That hasn't been the instance, that's only occurred on two areas that I can assume of

We have one in Orlando, however it's not out of the 90-day period. It's $32,820 with the surplus. It most likely sold for like $40,000 in the tax obligation sale, however after they took their tax cash out of it, there's around $32,000 left to claim on it. Tax obligation Overages: A lot of counties are not going to give you any kind of additional information unless you ask for it however when you ask for it, they're absolutely useful at that factor - tax sale overages course.

Free Tax Lien Information

They're not going to give you any kind of extra details or aid you. Back to the Duvall region, that's how I got right into an actually good conversation with the paralegal there.

Other than all the details's online due to the fact that you can simply Google it and go to the area web site, like we use naturally. They have the tax obligation acts and what they paid for it. If they paid $40,000 in the tax sale, there's most likely surplus in it.

They're not mosting likely to allow it obtain too expensive, they're not mosting likely to let it get $40,000 in back taxes. If you see a $40,000 sale, there are most likely surplus claims therein. That would certainly be it. Tax obligation Overages: Every region does tax obligation repossessions or does repossessions of some kind, specifically when it involves real estate tax.

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