Dallas, Texas, a property with Weird Tax History
Hello BP community,
I am in the process of purchasing a property in Dallas Texas, and it is a REO property.
I am cleared with title insurance and received title commitment. However, when I looked up the tax history on this property, it worries me a little bit.
Receipt Date | Payment Amount | Tax Year Paid | Payer |
2015-12-28 | $7.79 | 2015 | WELLS FARGO REAL ESTATE TAX SVC, LLC |
2014-12-19 | $1.47 | 2014 | WELLS FARGO REAL ESTATE TAX SVC, LLC |
2012-12-21 | $1.17 | 2012 | WELLS FARGO REAL ESTATE TAX SVC, LLC |
2011-12-24 | $1,323.99 | 2011 | WELLS FARGO REAL ESTATE TAX SVC, LLC |
2010-12-30 | $1,300.41 | 2010 | WELLS FARGO REAL ESTATE TAX SVC, LLC |
2009-12-22 | $1,566.03 | 2009 | WELLS FARGO REAL ESTATE TAX SVC, LLC |
So how is it possible that wells fargo is only paying 1.17 cents on the property since 2015? Does anyone have an explanation for this?
Thanks,
Helen Z
Most Popular Reply
Not necessarily in Texas. Since we are a non disclosure state sales prices are not a matter of public record so the appraisal district may not have any information other than a sale took place. Many send out Sales Surveys that I will only return if it is advantageous to me
If the property's assessed value is higher than my purchase price , I will file a protest