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Foreclosure Forum |
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Property TaxesThis is probably a foreclosure 101 question, but I would appreciate any help. If you buy a property at a trustee sale that is being foreclosed on by a bank, how do you handle property taxes? Lets say I buy the property on Feb 15. Then that April 10 I have to pay property taxes covering the time period from Jan 1 to June 30. Is the bank or trustee responsible to reimburse me for the period of Jan 1 to Feb 14, the period of time that they owned the property during that tax period?
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