|
||
|
||
| Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|
|||||||||||||||||||||||
| Mortgage Professor about tax sale: | |||||||||||||||||||||||
|
Is There a Substitute For Escrows?
April 5, 1999 "Your recent article on avoiding escrows did not consider the problem of the owner-seller who takes back a mortgage and does not want the responsibility of paying taxes and insurance. Yet the individual lender still needs to know that they are paid ... more... How Much House Should You Buy? 16 August 2004 "My wife and I are arguing about whether to buy the $150,000 house we set out to buy, or the upgraded version for $185,000 that she fell in love with. She argues that we can afford the more expensive house with an ... more... |
|||||||||||||||||||||||
tax sale related definitions |
|||||||||||||||||||||||
|
Tax Sale
Tax Sale Property on which current county taxes have not been paid is "sold to the state." At this stage no actual sale takes place - the title is transferred to the state and the owner may redeem it by paying taxes, penalties and costs. If it has not been redeemed ... more... Sheriff Sale Sheriff Sale The sheriff's sale is a public auction held at the courthouse door, and anyone can bid on the property. The property is sold to the highest bidder and the proceeds are used to pay for the costs of the sale and to pay off the mortgage. A deed given at the ... more... |
|||||||||||||||||||||||
|
More about tax sale Athens Georgia Real Estate Hamden Connecticut Real Estate Fairfield Connecticut Real Estate Willington Connecticut Real Estate Milford Connecticut Real Estate Greenwich Connecticut Real Estate Randolph Massachusetts Real Estate Weymouth Massachusetts Real Estate Mashpee Massachusetts Real Estate Gloucester New Jersey Real Estate
|
|
||||||||||||||||||||||
|
|||||||||||||||||||||||
