A homeowner who does not pay the property tax for the house can lose it through a tax sale. Government expenditure for local governance, police/fire protection, local education, public infrastructure, and medical services come from the property taxes the citizens pay. If you are from the government then you will fully understand the importance of taxes.
Once you fail to pay your property tax the consequences include your property gets put up for tax lien sale or a tax deed sale. The delinquent tax becomes a collectible once the government puts your property on the sales list.
Tax sales differ from state to state. You have to be really careful with it because, the government usually proceeds with the tax sale without consulting the court. The process is faster because the court does not participate, thus the local records easily includes your property in their listings, moreover your property is easily included also in the newspaper listings. At the same time you will receive a notice for a tax sale. A public bidding will take place and the initial value starts at the overall due amount of the property. Having the winning bid entitles you to either a tax lien certificate or a tax deed.
What happens in a tax deed is that the authorities puts the property and the rights to it on sale. A tax deed will entitle you to the house sold by the government.
The proceedings of tax lien certification involves the selling of the taxation authority on a property to someone. If you have a tax lien certification then you get the payments for the penalties done from the property owner. Penalties the go beyond the due date will prompt a tax lien certificate-holder to take actions in taking the property from the owner.
A tax sale attorney can help you if your property is placed on a tax sale. The tax sale attorney can assist you throughout the process of an impending tax deed sale or tax lien sale.
A tax sale lawyer is able to aid you in redeeming your property from a tax deed sale. The lawyer can tell you counter the tax deed by paying the purchaser’s total expenses to acquire the property back. He or she is capable of informing you that you can redeem your property even before the bidding starts. You can also consult a tax sale lawyer to set aside a sale through loopholes that might be present in the tax sale.
If your property is on a tax lien sale, then a lawyer is capable of guiding you in the process of redeeming it. Redeeming a tax lien sale is no different than the tax deed sale.