Short sale question
If some one were to pay the back taxes on a house that is listed as a short sale what could possibly occur?
I found a house that is listed as a short sale. Did some due dilligence and the home owner owes 2009 taxes.
What if I were to pay the back taxes? What would happen or could happen?
Most Popular Reply
If you are interested in investing in Tax Liens, you have to by the lien at the 'tax sale' whenever that is in your county(parish). Your collector can tell you when that is. If you simply pay the tax prior to this, you have just done the homeowner a huge favor. I can think of no way this would affect a short sale. If you buy from the bank, you will inherit the taxes. Remember, the taxes follow the property.