Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Venturer

vacant foreclosed homes return no taxes, and there are record #’s in foreclosure today


10 posted on 12/26/2011 7:00:50 PM PST by stickywillie
[ Post Reply | Private Reply | To 5 | View Replies ]


To: stickywillie

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.


16 posted on 12/26/2011 7:09:59 PM PST by Venturer
[ Post Reply | Private Reply | To 10 | View Replies ]

To: stickywillie

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.


23 posted on 12/26/2011 7:53:41 PM PST by cableguymn
[ Post Reply | Private Reply | To 10 | View Replies ]

To: stickywillie
vacant foreclosed homes return no taxes

The foreclosing bank has to pay the taxes.

25 posted on 12/26/2011 8:09:29 PM PST by PAR35
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson