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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] One Client At a Time Posted by SeanW on July 19, 2003 at 7:39 PM In Reply to: Re: Don't be surprised if they decline... posted by Jk on July 19, 2003 at 12:03 AM : 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). The trustee is acting under the power of sale, for one client, of a specific deed of trust that is not being repaid. Back taxes are only repaid through a tax sale... and that is a whole different ball of wax. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : 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). : The trustee is acting under the power of sale, for one client, of a specific deed of trust that is not being repaid. Back taxes are only repaid through a tax sale... and that is a whole different ball of wax. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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