vacant foreclosed homes return no taxes, and there are record #’s in foreclosure today
Not sure you are right. The foreclosured home still exists, and the property tax bill exists. Maybe the bank pays it, I don’t know, but I would bet somebody does.
vacant foreclosed homes return no taxes, and there are record #s in foreclosure today
Yes they do. Someone still has to pay them (the bank holding the bad paper) or the taxing authority ends up owning them.
The foreclosing bank has to pay the taxes.