![]() |
Foreclosure Forum |
|
Re: Don't be surprised if they decline...In Reply to: Don't be surprised if they decline... posted by Ward-CA- on July 17, 2003 at 10:12 PM : : After the trustee sale, the previous owners got over $60,000 extra funds. Is it legal if i,current owner ask them to pay delinquent property tax that is over $ 2000. : -=-=-=-=- : Sure, it's legal to ask, but since they're not obligated to pay for debts that run with the land, don't be surprised if they don't pay. Here's another dumb question. Why does the Trustee not pay off deliquent taxes? A second holder and anyone with an abstract of judgement would get a cut of the surplus funds, why not Uncle Sam? Unless I'm mistaken deliquent property taxes can go against the owner as well as the land (I received a $122 deliquent supplemental lein that is on my personal credit for a property that I sold). Follow Ups:
Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.
Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455