Updated almost 11 years ago on . Most recent reply
tax liens in MD
I am new to the tax lien game, but in looking through the numbers, it appears there should be a ratio of the amount tax owed to the assessed value of the property that successfully determines the probability of reaching the foreclosure steps or even actual foreclosure. For example home A owes $2000 tax assessment and the assessed value is $250,000. Home B owes $2000 and the value is assessed at $150,000. Doesn't it sound like house B might be in greater jeopardy? Anyone heard of such a concept? Thoughts? Thanks in advance - Ronnie